The Latest Breaking News from the Federal Reserve

September S&P 500 E-Mini futures (ESU24) are up +0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.01% this morning as market participants braced for the Federal Reserve to lower interest rates, with opinion divided on the size of this week’s cut.

For more than two years, we've heard a steady drumbeat of news highlighting inflation and its impact on interest rates. The correlation seems clear, but the issue is actually more complex.

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Dow Jones futures rose, but techs fell Monday fell on a report of weak iPhone 16 orders. Will Powell go for a big Fed rate cut?

More data suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for equities after another rollercoaster week that started with big losses fuelled by US recession worries.

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.08% this morning, while Treasury yields slumped after fresh U.S. economic data left investors uncertain about the size of an anticipated interest rate cut from the Federal Reserve next week.

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.08% this morning, while Treasury yields slumped after fresh U.S. economic data left investors uncertain about the size of an anticipated interest rate cut from the Federal Reserve next week.

Asian markets mostly rose Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest rate cut next week.

The race is already on to predict the trajectory of future reductions to borrowing costs.