The Latest Breaking News from the Federal Reserve

Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve and suggested that the US president should have "at least a say" over the course of monetary policy.

Shares have mostly gained in Asia, with Japan's benchmark Nikkei 225 index falling shortly after the open and then bouncing as it climbed higher

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week

Stocks closed lower for a second day due to weak jobs report. Federal Reserve unlikely to intervene immediately.

Learn how the 10-year Treasury yield drop affects mortgage rates and why delaying home purchases may not be wise.

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

The Dow Jones Industrial Average fell nearly 1,000 points as investors reacted to fears that the Federal Reserve might be slow to implement significant interest rate cuts.