The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) Thursday fell by -0.18%. The dollar is under pressure from falling bond yields as the 10-year T-note yield dropped to a 6-week low Thursday, which weakened the dollar’s interest rate differentials. Also, Thursday’s strength in stocks reduced liquidity demand for the dollar. The dollar also...

The dollar index (DXY00 ) today is down by -0.30%. The dollar is under pressure from falling bond yields as the 10-year T-note yield dropped to a 6-week low today, which weakened the dollar’s interest rate differentials. Also, today’s strength in stocks has reduced liquidity demand for the dollar. The...

At their June meeting, the FOMC decided to refrain from rate cuts, giving savers more time to earn a great rate.

As widely expected, the Federal Open Market Committee took a 'wait-and-see' approach toward borrowing costs.

The dollar index (DXY00 ) Wednesday rose by +0.10%. The dollar posted moderate gains Wednesday after the Fed kept interest rates unchanged and removed the reference in the post-FOMC meeting statement to inflation making progress, suggesting the Fed may remain on pause for longer. The dollar also found support in...

The Fed delivered on investor expectations and paused rate cuts for the first time in three meetings.

Fed chair declines to provide ‘any response or comment whatsoever’ on president’s public demands for lower rates

Fed Chairman Jerson Powell said the key lending rate will remain between 4.25 and 4.50 percent.

The dollar index (DXY00 ) today is up by +0.27%. The dollar is climbing today ahead of the results of the FOMC meeting later today when the Fed is expected to leave interest rates steady. The dollar also has carryover support from Tuesday when President Trump said he was considering...