The Latest Breaking News from Jerome Powell

September S&P 500 E-Mini futures (ESU25) are trending down -0.04% this morning as investors brace for a raft of corporate earnings reports and continue to keep a close eye on any trade developments between the U.S. and key trading partners as the August 1st deadline approaches.

The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.

Federal Reserve video says project is ‘modernization’ of two buildings that have not had major renovations since 1930s

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Wall Street opened the week on a risk-on footing, with the SP 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.

Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief economist Bill Adams said.

The FTSE 100 index closed up 20.87 points at 9,012.99 but failed to set a new intraday high.

Rate cuts remain on hold this summer, experts say.

Economist Peter Schiff is calling out President Donald Trump’s blatant hypocrisy on the Federal Reserve’s interest rate policy, saying that his demands and behaviors mirror what he had himself condemned in the past.