The Latest Breaking News from US Federal Reserve

Asian markets await Fed rate decision, Japan reports trade deficit, U.S. stocks show mixed movements. Stay updated on global economic trends.

Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses

Asian markets swung between gains and losses Wednesday as traders tried to ascertain how big an expected Federal Reserve interest rate cut would be later in the day, while the dollar held gains against the yen after forecast-beating US data.

Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets.

Citigroup stock has a forward dividend yield of 4%. Wells Fargo believes that the stock could double over the next two and a half years as the company's CEO Jane Fraser tries to turn around the lender.

There are 3 very different paths for stocks following the Wednesday 9/18 Fed meeting. Some are quite bullish for the S&P 500 (SPY). And 1 outcome would spark a nasty sell off for stocks. Read on below to prepare your portfolio for what comes next.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up by +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.05%. Stocks on Tuesday relinquished early gains and closed little changed. Long...

The dollar index (DXY00 ) today rebounded from a 3-week low and finished up by +0.15% on signs of US economic strength. An unexpected increase in Tuesday’s US Aug retail sales report sparked short covering in the dollar. Also, Tuesday’s stronger-than-expected US Aug manufacturing production report was bullish for the...

“I think underlying economic conditions will be much more important to financial markets than the Fed's tactics at a particular moment,” Citi Wealth's CIO said.