The Latest Breaking News from US Federal Reserve

“Consumer price inflation is near 3%, well above the Fed’s inflation target, and everything points to even higher inflation dead-ahead.”

In the midst of the current economic turbulence, Bill Gross, a seasoned bond manager on Wall Street, has made a bold prediction about the Federal Reserve’s upcoming actions.

General Motors Co (NYSE:GM) stock is trading higher Friday afternoon, capitalizing on a sharp dovish pivot from Federal Reserve officials that has recalibrated market expectations for a Dec. 10 interest rate cut. Here’s what investors need to know.

New York Fed President John Williams struck a dovish tone Friday, which eased Wall Street's worries over a potential December pause.

The dollar index (DXY00 ) on Friday posted a 5.5-month high but gave up most of its advance and finished up +0.03%. The dollar found support on Friday's hawkish comments from Boston Fed President Susan Collins and Dallas Fed President Lorie Logan, who said they favored keeping interest rates steady....

Wall Street staged a sharp rebound Friday after a bruising week of volatility in tech, as a wave of dovish comments from Federal Reserve officials flipped market expectations toward a rate cut next month.

Bureau of Labor Statistics canceled release of October’s consumer price index, citing the government shutdown

One plausible result of December's vote would create a stunning irony.

Jim Cramer says traders clinging to Fed-driven optimism are delusional as Bitcoin (CRYPTO: BTC) traded as low as $81,000 on Friday.