The Latest Breaking News from US Federal Reserve

Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.

Ahead of the Federal Reserve’s key vote on interest rates this week, the Justice Department has made a fresh attempt to stay a lower court's injunction blocking President Donald Trump’s firing of Fed Governor Lisa Cook.

Moody’s own leading economic indicator that uses machine learning has estimated the odds of a recession in the next 12 months are now at 48%.

Markets face their most pivotal week in months as the Federal Reserve's September 17-18 meeting arrives Wednesday afternoon, with Chair Jerome Powell's 2:30pm press conference potentially reshaping the investment landscape.

The APYs for CDs and high-yield savings accounts have increased quite a bit ever since the Federal Reserve started to hike interest rates in 2022. Some people stored their money in these accounts for guaranteed returns, but one person on Reddit found a discrepancy between Fidelity's CDs and their savings…

Wall Street marched higher like it had somewhere to be, fueled by faith in looming Fed rate cuts.

Federal Reserve Governor Lisa Cook is challenging President Donald Trump's effort to remove her after documents surfaced indicating one of her properties was listed as a vacation home, casting doubt on allegations of mortgage misrepresentation.

Federal Reserve Governor Lisa Cook is fighting the President Donald Trump administration in court after an emergency bid sought to remove her from the central bank ahead of a pivotal interest rate decision.

Moody's Analytics Chief Economist Mark Zandi said the Federal Reserve is more likely to cut rates next week despite inflation running above target, citing a stalled labor market and rising recession risks.