The Latest Breaking News from US Federal Reserve

Exclusive: The year-on-year inflation increase equates to an added cost of $2,120 per household, assuming they purchased the same goods and services in 2025 that they bought in 2024. That includes an increase of $123 on electricity bills and $150 on groceries.

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.28%. March E-mini S&P futures (ESH26 ) fell -0.43%, and March E-mini Nasdaq futures...

The selloff follows a wild year when the precious metals soared as if they were meme stocks or the hot new tech darling.

A "long-overdue correction" temporarily halted a massive rally in gold and silver, while the Dow took a hit from negative reactions to blue-chip earnings.

The dollar index (DXY00 ) on Friday rose by +0.79%. The dollar rallied on Friday after President Trump nominated Keven Warsh as the next Fed Chair. Mr. Warsh is seen as more hawkish than other Fed Chair candidates and often emphasized inflation risks during his tenure as a Fed Governor...

The former Fed governor is a strong critic of the Fed and shared his plans to shape the central bank in 2025.

The new producer price index report complicates the administration's push for lower interest rates.

The index closed with an increase of more than 51 points to 10,223.54.

“I mean, if it’s just a question of using better models, bring them on. Where are they? We’ll take them.”

Nearly a decade ago, Trump reportedly doubted Janet Yellen was tall enough to be Fed chair. His choice was Jerome Powell.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.58%. March E-mini S&P futures (ESH26 ) are down -0.36%, and March E-mini Nasdaq futures...