The Latest Breaking News from US Federal Reserve

In seeking to oust Lisa Cook, President Trump attacks a likely ally on interest rates who happens to be the first Black woman in the job.

The dollar index (DXY00 ) today is up by +0.05%. The dollar is climbing today on signs of strength in US consumer spending after July personal spending rose by the most in four months. Also, sticky inflation pressures are hawkish for Fed policy and are supportive for the dollar after...

An inflation reading closely tracked by the Federal Reserve climbed to its highest level since February, remaining stubbornly above the 2% target and raising new doubts around the timing of Jerome Powell's anticipated interest rate cuts.

The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased

Trump’s bid to oust Fed governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.

The dynamic is dragging the dollar lower, in reaction to President Trump’s interference in the Fed, weak growth, and inflation risk, according to analysts at Convera.

Ex-investment manager chosen as agency’s interim director after firing of Susan Monarez. Plus, how marijuana became the US Open’s new distraction

Ruling upholds decision from trade court while president attacks ‘Highly Partisan Appeals Court’ and says he will win tariff fight

September S&P 500 E-Mini futures (ESU25) are down -0.27%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.47% this morning as investors trimmed risk ahead of the release of the Federal Reserve’s first-line inflation gauge, which could offer more insight into the interest-rate outlook.