The Latest Breaking News from the Federal Reserve

The central bank left rates unchanged at its December meeting, but hinted that several cuts are coming in 2024.

The Fed left interest rates at a 22-year high but forecast three cuts next year.

December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.

The S&P 500 has surged this year, but most of those gains are thanks to a handful companies nicknamed "The Magnificent Seven." And that's worrying Wall Street.

Will the Federal Reserve cut its key interest rate sometime next year — and, if so, by how much

An underwhelming CPI report means the Fed isn't done fighting inflation just yet.

The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday.

The Federal Reserve may shift the goal posts at this week's meeting, keeping a lid on the S&P 500 and raising the floor for the 10-year Treasury yield.

December S&P 500 futures (ESZ23) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.27% this morning as market participants braced for the release of U.S. inflation data and looked ahead to the Federal Reserve’s last monetary policy committee meeting of the year due later in the…