The Latest Breaking News from US Federal Reserve

Federal Reserve Chair Jerome Powell used his Jackson Hole speech to strike a surprisingly dovish tone, warning that downside risks to the U.S. labor market are rising and that monetary policy "may warrant adjusting" if the economic slowdown deepens.

'Shifting risk balance may warrant policy adjustment,' said Jerome Powell in Jackson Hole, at the central bankers' annual meeting, hinting that the Fed may soon cut rates, even as inflation risks remain.

For anyone considering buying a home, mortgage rates are one of the biggest factors shaping affordability. After years of fluctuations, potential buyers are now asking whether mortgage rates will actually stay under 7% for the foreseeable future. This question matters because even a small change in rates can dramatically impact…

Global markets are fixated on Federal Reserve chair Jerome Powell's address at Jackson Hole today, a speech expected to influence both the near-term policy outlook and investor sentiment.

Figures from classified IDF database listed 8,900 named fighters as dead or probably dead in May, as overall death toll reached 53,000. Plus, John Roberts and the death of rule of law in America

Prominent market strategist Tom Lee of Fundstrat Global Advisors has issued a caution to investors, stating that the market is currently pricing in too much optimism regarding potential interest rate cuts by the Federal Reserve.

Cryptocurrency markets are slightly down on Friday morning ahead of Fed Chair Jerome Powell‘s speech at Jackson Hole.

The majority of the main European stock markets slowly moved into positive territory after the opening bell. Investors remain cautious while watching for more news about the Ukraine peace talks and US monetary policy.

September S&P 500 E-Mini futures (ESU25) are trending up +0.26% this morning, attempting to snap a five-session losing streak, with focus squarely on a highly anticipated speech from Federal Reserve Chair Jerome Powell.