The Latest Breaking News from the Federal Reserve

This marks the third consecutive week of declining mortgage rates, which have largely remained around 7% since April.

US retail sales saw a modest increase in May, impacted by high inflation and interest rates. Gas stations experienced a decline, while specialty stores sho...

Bonds haven't been acting like bonds for years. Blame the Federal Reserve for pushing rates up to a 23-year high to combat inflation.

June S&P 500 E-Mini futures (ESM24) are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.63% this morning as market participants weighed slowing U.S. inflation against the Federal Reserve’s more hawkish tone on interest rates, with attention now shifting to crucial U.S. PPI data and an earnings…

Asian shares are mostly higher as investors turn their attention to what the Bank of Japan might decide on monetary policy later this week

The ASX200 has finished 0.4 per cent higher after US inflation eased in May, even as the Federal Reserve predicted just one rate cut in 2024.

Stocks had a mixed day as investors analyzed inflation data and Fed's rate projections, with Dow down, S&P up, and Nasdaq hitting records.

The Federal Reserve kept interest rates unchanged and penciled in one quarter-point cut in 2024.

Federal Reserve shifts monetary policy stance, now predicting only one rate cut for the year. Target range currently between 5.25% and 5.5%.