The Latest Breaking News from the Federal Reserve

After the recent CPI numbers were released, investor sentiment indicated an 85% likelihood of a rate cut at the Federal Reserve's September meeting, up from approximately 70% the prior trading session. This expectation shift has boosted the appeal of gold, as declining interest rates make gold more attractive. Following the…

A surprisingly soft inflation report sparked a rotation from mega-caps into riskier names.

Learn about Target's decision to stop accepting personal checks and the decline in check usage due to digital payment methods.

Federal Reserve considers shifting focus from inflation to job market due to cooling economy.

The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates

Asian stocks mostly fall after U.S. stocks rose to more records Friday boosted by a highly anticipated report on the job market

While the current jobless rate is still historically low, its rate of increase could be a sign of deteriorating economic conditions.

Learn about the slowest wage growth in the US, potential impact on interest rates, and factors influencing the job market.

Federal Reserve's cautious approach to potential rate cuts amidst rising unemployment and inflation concerns.