The Latest Breaking News from the Federal Reserve

September S&P 500 E-Mini futures (ESU24) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.21% this morning as investors looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting, Fed Chair Jerome Powell’s speech at Jackson Hole, and earnings reports from…

Asian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday

Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech.

US consumer sentiment rises in August driven by optimism in Democrats towards VP Kamala Harris. Despite inflation concerns, consumer spending remains strong.

Labor Department report shows a decrease in jobless claims, indicating a resilient job market despite high interest rates.

“It seems that borrowing costs would have to fall below 5% to see a full recovery in home buying,” a Capital Economics economist wrote.

The continued downtrend in inflation raises the odds for a September rate cut from the Federal Reserve.

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.

If the Federal Reserve needs any further evidence that the worst price spike in four decades is steadily easing, it’s likely to come Wednesday, when the government is expected to report that inflation cooled further last month

Moynihan said a reduction could be necessary as early as September if inflation continues to ease.