The Latest Breaking News from US Federal Reserve

Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, while traders also contemplated a hawkish Trump presidency.

The S&P 500 (SPY) has already reached an impressive goal of hitting 6,000. Yet you can see how much shares are struggling now up against this resistance. Steve Reitmeister shares his views on what comes next for the market and his top 10 stocks to stay on the right side…

Federal Reserve Chair Powell's cautious approach to interest rate cuts and inflation monitoring for future monetary policy decisions.

The dollar index (DXY00 ) Thursday rose by +0.43% and posted a new 1-year high. Thursday’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose more...

The CME’s physical lumber futures contract for delivery in 2025 has been moving higher and is approaching a critical technical resistance level in late 2024.

Gradually lowering inflation and reducing borrowing rates have opened new and exciting doors for growth stocks. With a positive economic outlook, investors could keep a watchful eye on Esperion Therapeutics (ESPR), AngioDynamics (ANGO), and Fathom Holdings (FTHM) to capitalize on the growing economy. Continue Reading….

Now they’re expecting him to build the housing they need, Redfin’s Glenn Kelman said.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. Stocks today are mostly lower on long liquidation ahead of this afternoon’s speech from...

An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, amid concerns that president-elect Donald Trump may seek to influence Fed policy.