The Latest Breaking News from the Federal Reserve

The Federal Reserve sees three quarter-point rate cuts in 2024. That's less than Wall Street, but good enough to push the S&P 500 higher.

The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year.

December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.

December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.

The S&P 500 has surged this year, but most of those gains are thanks to a handful companies nicknamed "The Magnificent Seven." And that's worrying Wall Street.

Will the Federal Reserve cut its key interest rate sometime next year — and, if so, by how much

An underwhelming CPI report means the Fed isn't done fighting inflation just yet.

The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday.

The Federal Reserve may shift the goal posts at this week's meeting, keeping a lid on the S&P 500 and raising the floor for the 10-year Treasury yield.

Diving deeper into the November jobs report reveals some cracks in the facade of the U.S. job recovery story.

December S&P 500 futures (ESZ23) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.27% this morning as market participants braced for the release of U.S. inflation data and looked ahead to the Federal Reserve’s last monetary policy committee meeting of the year due later in the…