The Latest Breaking News from US Federal Reserve

Government borrowing falls to £1.1bn in July as tax receipts rise, but chancellor remains under pressure

Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key speech expected to offer signals about future interest rate cuts in the United States.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down by -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.58%. September E-mini S&P futures (ESU25 ) fell -0.29%, and September...

We've reached another important part of earnings season, though markets remain captivated by the president, the Fed, and interest rate policy.

The dollar index (DXY00 ) on Wednesday fell by -0.05%. The dollar fell from a 1-week high on Wednesday and turned slightly lower on a decline in T-note yields. Also, political risks and concerns about Fed independence weighed on the dollar after President Trump called for Fed Governor Lisa Cook...

The president’s $300 billion tariff rebate plan risks replaying Bush-era giveaways—but on a scale large enough to fuel inflation and deepen the deficit.

Cryptocurrency markets are slightly up on Wednesday as markets shift their attention to Fed Chair Powell’s speech at Jackson Hole on Friday.

The Federal Reserve indicated that inflation risks remain "considerable" due to the uncertain impact of new trade tariffs, casting fresh doubt over imminent interest rate cuts, according to the July Federal Open Market Committee minutes released Wednesday.

A second day of selling pressure hit technology stocks tied to the AI theme on Wednesday, as sentiment cooled after an MIT report questioned the broad profitability of the new technology.