The Latest Breaking News from the US Federal Reserve

The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates swiftly and decisively, with some analysts now calling for it to make an emergency cut before its September rate decision.

Global oil benchmarks Brent crude and West Texas Intermediate surged this Wednesday on the news that Hamas's political leader Ismail Haniyeh had been killed by a suspected Israeli strike in Iran. Fears over a regional escalation of the Israel-Hamas war are fuelling concerns over production and distribution of oil in…

The US Federal Reserve is highly unlikely to waver from its position of holding interest rates at a two-decade high on Wednesday, but could drop hints about a September start to rate cuts.

The US Federal Reserve may signal this week that interest rate cuts are on the way -- although it is widely expected to remain on pause until its next rate decision in September.

LockBit stole sensitive information on more than seven million customers, but Evolve isn't paying up.

The US Federal Reserve is making "modest" progress in its inflation fight, the head of the US central bank told lawmakers Tuesday, on the first of two days of testimony in Congress.

The US Federal Reserve has made "quite a bit of progress" in its fight against rising prices and could hit its inflation target as soon as next year, Fed chair Jerome Powell said Tuesday.

The data LockBit apparently stolen from the Fed actually belonged to an actual bank.

Japanese Finance Minister Shunichi Suzuki says authorities watching currency’s slide with ‘sense of urgency’.

Some are calling it a bluff, saying LockBit doesn't have the strength to pull off such a hesit.

The US Federal Reserve has decided to keep its lending rate unchanged at the current 5.25-5.50 percent range and projected just one rate cut this year, despite soft inflation data. But first, the European Commission has informed China that it will impose new tariffs of up to 38 percent on…