The Latest Breaking News from US Federal Reserve

Asian markets sank Thursday and the dollar held gains following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook and boss Jerome Powell warned officials' focus was back on fighting inflation.

Here’s what needs to change to motivate home buyers to re-enter the market.

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

Market participants reacted predictably to a well-telegraphed hawkish turn by the Federal Reserve.

The Dow Jones Industrial Average broke a half-century record for futility on Wednesday, suffering losses for the 10th consecutive session on the heels of the Federal Reserve's 0.25% interest rate cut.

The dollar index (DXY00 ) Wednesday rose by +1.04% and posted a 2-year high. The dollar rallied Wednesday after the FOMC signaled only 50 bp of interest rate cuts next year, down from a September projection of 100 bp of rate cuts. The dollar also moved higher after the FOMC...

The Federal Reserve cut interest rates as expected, but the future path of borrowing costs became more opaque.

US housing market faces challenges with slow sales due to high prices and mortgage rates. Federal Reserve Chair Jerome Powell expressed concern over the we...

Learn about the Federal Reserve's decision to hold interest rates in December and the rationale behind it.