The Latest Breaking News from US Federal Reserve

The Federal Reserve cut its key rate. Chairman Jerome Powell gave some terse answers to questions about President-elect Donald Trump.

Federal Reserve officials maintain neutrality on political events' economic impact but consider policies' influence.

President-elect Trump likely to retain Jerome Powell as Federal Reserve Chair until 2026. Continuity expected in leadership at the Federal Reserve.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.65%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks today are moderately higher, with the S&P 500, the Dow Jones Industrials, and...

President-elect's allies propose reducing Fed's independence, facing resistance from Republicans and Fed officials.

The Fed fund forward curve is showing an expected 25-basis point cut by the FOMC Thursday afternoon. Things get a bit cloudier after that, though.

Explore the debate over the US central bank's independence and the potential impact of political influence on economic stability.

Meta Platforms ushered a follow-on buy point near 564.

The dollar index (DXY00 ) today is down by -0.71%. The dollar today fell back from Wednesday’s 4-month high on profit-taking ahead of the FOMC meeting results later this afternoon when the Fed is expected to cut the fed funds target range by -25 bp. Also, today’s US economic news...