The Latest Breaking News from US Federal Reserve

Fed chair accuses DoJ of threatening criminal charges over building renovation projects because central bank defied Trump’s interest rate demands

He said in a statement Sunday that the Justice Department served the Fed with grand jury subpoenas, threatening a criminal indictment.

The S&P 500 also closed the week at its highest level on record, thanks to strong gains for Intel and Vistra.

The dollar index (DXY00 ) rallied to a 1-month high on Friday and finished up by +0.20%. The dollar found support from Friday’s mixed US payroll report, which showed payrolls rose less than expected but the unemployment rate ticked down and average hourly earnings rose more than expected, hawkish factors...

The FTSE 100 index closed up 79.91 points, 0.8%, at 10,124.60.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.59%. March E-mini S&P futures (ESH26 ) are up +0.42%, and March E-mini Nasdaq futures...

The dollar index (DXY00 ) rose to a new 4-week high today and is up by +0.23%. The dollar found support from today's mixed US payroll report, which showed payrolls rose less than expected but the unemployment rate ticked down and average hourly earnings rose more than expected, hawkish factors...

“It’s fair to call this a hiring recession or a jobless boom,” said economist Heather Long.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. March E-mini S&P futures (ESH26 ) are up +0.28%, and March E-mini Nasdaq futures...