The Latest Breaking News from US Federal Reserve

President, Donald Trump expressed disagreement with Ken Griffin, a billionaire and a former supporter of Trump, who had criticized the President’s interference with the Fed’s independence.

September S&P 500 E-Mini futures (ESU25) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.15% this morning as a blowout outlook from Oracle buoyed sentiment, while investors geared up for crucial U.S. producer inflation data.

A federal judge late Tuesday temporarily blocked President Donald Trump's effort to remove Federal Reserve Governor Lisa Cook, saying the attempt likely violated constitutional protections and raised urgent questions about the central bank's independence.

Asian shares are mostly higher, echoing the record rally on Wall Street after the latest update on the job market bolstered hopes the U.S. Federal Reserve will cut interest rates

Trump fired Cook in August, allegedly for cause; she later sued to block the termination.

Agency governor is legally challenging Trump after he sought to remove her, citing unconfirmed mortgage fraud allegations

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.33%. September E-mini S&P futures (ESU25 ) rose +0.28%, and September E-mini Nasdaq futures...

The stunning 911,000-job downward revision from the Bureau of Labor Statistics has prompted President Donald Trump to once again slam the Federal Reserve as dangerously behind the curve—questioning whether it's already too late to fix the damage.

The dollar index (DXY00 ) on Tuesday recovered from a 1.5-month low and rose by +0.36%. Higher T-note yields on Tuesday strengthened the dollar's interest rate differentials and sparked short covering in the dollar. The dollar initially whipsawed lower and then higher on Tuesday after preliminary benchmark payroll revisions to...