The Latest Breaking News from US Federal Reserve

Asian markets rallied Monday, tracking a surge on Wall Street after data showing US inflation slowed further in June stoked hopes the Federal Reserve will cut interest rates.

This week we have more earnings to watch out for, plenty of news, and the FOMC statement out on Wednesday.

The typical starter home is worth at least $1 million in 237 cities, up from 84 five years ago, Zillow said.

The US Federal Reserve may signal this week that interest rate cuts are on the way -- although it is widely expected to remain on pause until its next rate decision in September.

It was a risk-on day for stocks thanks to an upbeat inflation reading and impressive earnings from 3M and Deckers.

This morning, I appeared on AgWeb's Markets Now with Michelle Rook. Our conversation covered soybean, corn, and wheat markets, as well as the impact of interest rates and gold prices.

The dollar index (DXY00 ) today is trading slightly lower by -0.06%. The dollar is being undercut by today's -4.7 bp decline in the 10-year T-note yield to 4.194%, which followed the dovish US PCE deflator report, the Fed's preferred inflation measure. Today's PCE deflator report was close to expectations...

Latest data shows low inflation, potential interest rate cuts by the Fed, and steady economic growth in the U.S.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.87%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.82%. US stocks today rebounded higher on some bargain hunting after the rout seen on...

The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall

The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.