The Latest Breaking News from the Federal Reserve

Christopher Waller, a senior official from the Federal Reserve, expresses confidence in the US dollar's continued dominance as the world's reserve currency...

Shares rise in Europe and Asia as Wall Street bounces back. Japan and UK report economic contractions. Tokyo's Nikkei 225 closes at highest level in 34 years.

The Labour Department's monthly inflation report indicates a slowing annual inflation rate of 3.1% in January, with shelter and food costs rising while ene...

Get the latest update on global market trends. European shares rise, while Asian markets are quiet due to holidays. US inflation data and Japan's GDP growt...

Business economists and analysts expect a low chance of a recession in the US this year, with concerns instead focused on external shocks and inflation sur...

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The revised US December CPI figures provide some relief for the Fed as it gives them a slightly wider margin in managing inflation concerns.

The S&P 500 index hit 5,000 for the first time ever, propelled by Wall Street's optimism the Federal Reserve is going to cut interest rates.