The Latest Breaking News from US Federal Reserve

Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets.

The dollar index (DXY00 ) today rebounded from a 3-week low and finished up by +0.15% on signs of US economic strength. An unexpected increase in Tuesday’s US Aug retail sales report sparked short covering in the dollar. Also, Tuesday’s stronger-than-expected US Aug manufacturing production report was bullish for the...

“I think underlying economic conditions will be much more important to financial markets than the Fed's tactics at a particular moment,” Citi Wealth's CIO said.

Energy ETFs are becoming increasingly appealing due to rising oil prices and growing energy demand. Supply disruptions and potential Fed rate cuts further enhance profitability and investment potential in the energy sector. Therefore, it could be wise to consider watching energy ETFs: iShares Global Energy (IXC), Vanguard Energy Index Fund…

The debate about the upcoming Fed meeting centers around whether it will cut the funds rate by 25 or 50 basis points. But that may not be enough.

As the Fed gears up for its long-awaited September rate cut, here are 5 AI stocks that could benefit from more accommodative policy.

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.18%. Stocks today are treading water this afternoon. Earlier in the day...

The US Federal Reserve began a two-day interest rate discussion on Tuesday that is all-but-certain to end with its first cut since March 2020, as inflation continues to ease.