The Latest Breaking News from US Federal Reserve

The probability that the Federal Reserve could keep interest rates unchanged throughout 2025 surged on Wednesday following Chair Jerome Powell's latest remarks, adding fresh uncertainty to the outlook for monetary policy.

Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.

Analysts and experts are reacting to the Federal Reserve keeping its benchmark interest rate unchanged at 4.25% to 4.50% on Wednesday’s Federal Open Market Committee Meeting, amid mounting pressure from President Donald Trump to deliver immediate and aggressive rate cuts.

Asian shares are mixed after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September

Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India.

Trump accused of ‘attack on Brazilian democracy’ for sanctioning Bolsonaro judge while slapping a 50% levy on the country – key US politics stories from Wednesday 30 July

Leading cryptocurrencies felt the pinch on Wednesday after Federal Reserve Chair Jerome Powell said “no decision” has been made on a September rate cut.

Cotton futures were under pressure on Wednesday, as a stronger dollar was weighing on things. Contracts were down 17 to 40 points. Pressure was from a $1.063 gain in the US dollar index to $99.71. Much of that strength came late in the day following the Fed leaving rates unchanged,...

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.16%. September E-mini S&P futures (ESU25 ) fell -0.09%, and September E-mini Nasdaq futures (NQU25...