The Latest Breaking News from US Federal Reserve

Fed Officials Keep Focus On Inflation As Goolsbee Warns Price Pressures Remain High

Chicago Federal Reserve President Austan Goolsbee said inflation remains the central bank's biggest concern despite some improvement in services prices.

International Business Times · Jun 26

IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'

The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guidance on monetary policy. Gourinchas stated that overly rigid guidance proved costly when inflation surged, as it tied the Fed's hands. While acknowledging the need for some long-term market guidance, he believes…

The Economic Times · Jun 26

Dollar Weakens with Crude Oil Prices

The dollar index (DXY00 ) today is down by -0.32%. The dollar is sliding today amid weakness in crude oil prices. WTI crude oil is down more than 3% today, easing inflation expectations and potentially persuading the Fed to ease monetary policy, a negative factor for the dollar. Losses in...

Barchart · Jun 26

US dollar heads into second half of 2026 as world’s top-performing major currency

The US dollar is set to enter the second half of 2026 on a strong footing, supported by higher interest rates, resilient economic growth and sustained investor demand for US assets. Despite easing inflation concerns and geopolitical relief, expectations of further rate hikes, strong inflows and AI-driven optimism continue to…

The Economic Times · Jun 26

US Stock Market: Sticky inflation keeps September Fed rate hike on table despite July pause expectations

US Federal Reserve is expected to hold rates steady at its July meeting despite inflation hitting a three-year high. Markets see a possible pause now, but still price in a higher chance of a rate hike in September as core inflation remains elevated.

The Economic Times · Jun 26

Gold poised for fourth weekly loss as hawkish Fed bets buoy dollar

Gold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hikes. Investors are also closely watching the delicate U.S.-Iran peace agreement, which faced renewed concerns after an incident in the Strait of Hormuz. Despite some hope for moderating inflation,…

The Economic Times · Jun 26

Yen wobbles near 40-year low as dollar pauses for breath

The yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federal Reserve rate hikes. Mixed signals from Fed officials on the policy path ahead also contributed to the currency's weakness. Despite a slight pullback, the dollar remains…

The Economic Times · Jun 26

Global Market Today: Asian stocks decline led by tech, oil holds steady

Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile session on Wall Street, where tech giants like Apple experienced significant declines. Investors are closely watching the sustainability of high tech valuations amid concerns over AI…

The Economic Times · Jun 26

The bond market knows something about the $39 trillion national debt that Washington doesn’t

A more hawkish Fed could be bad news for the record debt. The bond market decided to ignore it.

Fortune · Jun 25

Stocks Settle Mixed on Apple Weakness and Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.75%. September E-mini S&P futures (ESU26 ) rose +0.01%, and September E-mini Nasdaq futures...

Barchart · Jun 25