The Latest Breaking News from the US Federal Reserve

As we head into the December holiday season, investors have good reasons to be jolly.

Bitcoin's (CRYPTO: BTC) price hit the $100,000 mark in the early hours of Saturday, despite experiencing its worst performance since 2018 with a 3.7% decline as October concluded.

A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut later this month, claiming he believed inflation would soon cool.

For months, Donald Trump has badgered the US Federal Reserve and its chair, Jerome Powell, to lower interest rates. When the governors of the Fed did so by 0.25 percentage points in mid-September to a target of between 4% and 4.25%, it wasn’t big or fast enough for Trump.

European fund managers are turning more optimistic as trade tensions ease, inflation fears fade, and central banks start to cut interest rates. Despite US labour concerns, growth hopes remain firm, with investors favouring defensives and betting on a soft landing.

Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.

These stocks soared as US equity indexes declined markedly ahead of the US Federal Reserve's rate-cut decision on Wednesday afternoon.

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.

The US Federal Reserve started a key interest rate meeting Tuesday, hours after Donald Trump's new appointee narrowly won confirmation to join the central bank -- while another top official fights her removal by the president.