The Latest Breaking News from Jerome Powell

The March Fed meeting is finally here, with Wall Street anxious to see what Jerome Powell & Co. have to say on inflation and interest rates.

Thursday's Federal Reserve meeting will bring another rate cut, but Donald Trump's election altered the outlook for further cuts. The S&P 500 and Treasury yields are jumping.

Federal Reserve plans to cut interest rates due to cooling inflation, not election uncertainty. Powell emphasizes Fed's independence.

December S&P 500 E-Mini futures (ESZ24) are down -0.02%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.10% this morning as market participants awaited the outcome of one of the most closely contested elections in U.S. history, a fresh batch of corporate earnings reports, and the Federal Reserve’s policy…

December S&P 500 E-Mini futures (ESZ24) are up +0.24%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.15% this morning as market participants awaited the outcome of one of the most closely contested elections in U.S. history, a fresh batch of corporate earnings reports, and the Federal Reserve’s policy…

The US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.

"The next administration will face net interest outlays of over $1 trillion on the ballooning federal debt."

High-end property buyers often have their assets locked in interest-sensitive classes, stalling the luxury property sector.

Former President Donald Trump doubled down on his plan to impose heavy tariffs on imports to help pay for tax cuts.