The latest news and updates about Fed from trusted sources around the world.
US stocks opened slightly higher on Friday as investors absorbed the latest inflation data and recalibrated expectations for the Federal Reserve’s next move. The market reaction was cautious, with…
Global equity markets sold off sharply after the US Federal Reserve signaled it may need to move more aggressively on interest rates to contain persistent inflation. The warning rattled investors…
U.S. mortgage borrowing costs edged lower this week as investors increased their expectations that the Federal Reserve could cut interest rates at its next meeting. The decline offered modest relief…
Minutes from the Federal Reserve’s latest policy meeting show that most officials expect borrowing costs to remain elevated for the rest of the year. The discussion reflected ongoing concern that…
U.S. stocks moved higher in afternoon trading on Friday as investors waited for a fresh round of economic data that could shape the outlook for interest rates and growth. The market advance reflected…
US stocks rose on Friday as investors increased bets that the Federal Reserve could cut interest rates in September. The move helped push the S&P 500 and Nasdaq to record highs, reflecting optimism…
The U.S. labor market added 147,000 jobs in May, a modest gain that came in a bit below market expectations, according to the Labor Department. The unemployment rate also moved higher, rising to 4.2%…
US stocks moved lower on Friday after the Federal Reserve signaled it would remain cautious about cutting interest rates. Traders took the message as a sign that policy may stay restrictive for…
Average U.S. 30-year fixed mortgage rates moved up this week to 6.78%, according to Freddie Mac, adding fresh pressure to homebuyers already facing a costly housing market. The increase comes as…
US stocks opened modestly higher on Friday as investors waited for a crucial inflation report that could influence the Federal Reserve’s next policy decisions. The early move reflected cautious…
U.S. equities opened modestly higher on Friday as traders paused ahead of a closely watched consumer price index report that could shape expectations for interest rates in the months ahead. The…
Federal Reserve Chair Jerome Powell told lawmakers the central bank is not rushing to lower interest rates, pointing to still-elevated inflation and a labor market that remains firm. His comments…
