The Latest Breaking News from US Federal Reserve

March's Producer Price Index (PPI) climbs by 0.2%, falling short of estimates, signaling potential relief from inflationary pressures.

The dollar index (DXY00 ) this morning extended Wednesday’s sharp rally to a 4-3/4 month high and is up by +0.16%. Higher T-note yields today are supporting the dollar as the 10-year T-note yield rose to a 4-3/4 month high. Also, US weekly initial unemployment claims fell more than expected...

Learn about the recent U.S. producer price index rise, its impact on inflation concerns, and the Federal Reserve's potential rate cut decisions.

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. Stock indexes this morning recovered from overnight losses and are mixed. Stocks are...

June S&P 500 E-Mini futures (ESM24) are up 0.02%, and June Nasdaq 100 E-Mini futures (NQM24) are up 0.17%% this morning, after the release of the PPI data.

June S&P 500 E-Mini futures (ESM24) are down -0.36%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.30% this morning, signaling further losses on Wall Street after hotter-than-expected U.S. inflation data diminished hopes of early interest rate cuts by the Federal Reserve, while investors awaited crucial U.S. producer inflation…

Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high prices

June S&P 500 E-Mini futures (ESM24) are down -0.24%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.18% this morning as investors braced for crucial U.S. producer inflation data due later in the day while also awaiting a policy verdict from the European Central Bank.

Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off

Asian markets reversed Thursday after forecast-topping US inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate the outlook for monetary policy, with a warning that the next move could even be a hike.