The Latest Breaking News from US Federal Reserve

The dollar index (DXY00 ) on Tuesday recovered from a 1-week low, finishing up by 0.01%. The dollar recovered from early losses on Tuesday and posted modest gains due to hawkish Fed comments. Cleveland Fed President Beth Hammack said the Fed could be on hold “for quite some time,” and...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. March E-mini S&P futures (ESH26 ) are up +0.17%, and March E-mini Nasdaq futures...

The dollar index (DXY00 ) fell to a 1-week low on Monday and finished down by -0.83%. The dollar was under pressure Monday after a Bloomberg report said that Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, fueling concerns that foreigners will reduce their...

Software’s disruption by AI may be a problem for software stocks, but not for a booming economy, Apollo’s Torsten Slok argues.

Credit card interest rates have a way of grabbing your attention, especially when they’re hovering near historic highs and showing no signs of returning to the gentler levels of years past. Even with the Federal Reserve signaling a shift toward lower rates, the relief many consumers are hoping for simply…

The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.75%. The dollar is under pressure today after a Bloomberg report said that Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, fueling concerns that foreigners will reduce their demand...

Asian markets rose after Prime Minister Sanae Takaichi secured a two-thirds supermajority in a historic landslide victory in Japanese elections, boosting fiscal stimulus prospects.

Mortgage rates will come down, Corcoran predicted, but the Fed will hold firm on the federal funds rate until inflation reaches its target.

March S&P 500 E-Mini futures (ESH26) are down -0.03%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.19% this morning, pointing to a muted open on Wall Street as rising Treasury yields curbed investors’ risk appetite.