The Latest Breaking News from US Federal Reserve

Markets enter a post-Fed recalibration week as investors digest Wednesday's rate cut decision and begin focusing on the sustainability of recent market leadership amid concerning technical signals.

With the Fed's rate cut, banks with exposure to the mortgage industry will see increased demand from loan originations and refinancing. PNC is one of them.

At our Yale Chief Executive Leadership Institute forum, over 100 business leaders said what they really think. They're worried Trump is eroding America’s future.

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

As the week comes to a close, let’s take a look at the top stories that shaped the week.

Some experts told Fortune that they had forgotten entirely about the long-term interest rate rule.

US equity indexes soared a day after the US Fed hinted at more rate cuts this year after lowering the federal funds rate by 25 bps to 4% to 4.25%.

While some fixed-rate loans are unlikely to be immediately affected by the rate cuts, variable-rate debts like credit cards could see an immediate impact.

Mortgage applications, especially for refinancing, soared in the week ended 12th Sept. and as rates hover at the lowest in a year.

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of moderating borrowing for most of 2025, the sudden spike shows that many people are increasingly depending on…

"Their actions demonstrate integrity, commitment to the Fed’s mission and the importance of sustaining the central bank’s independence."