The Latest Breaking News from US Federal Reserve

The S&P 500 is now up 13% year to date and the Nasdaq is up 17%. Meanwhile, the DAX stock market index in Germany is up 19% so far this year.

The Fed cut rates, and stocks, which were already in an uptrend as extensively noted here, accelerated to new all-time highs. We continue to see technology leading to the upside, which confirms the risk-on environment. The Nasdaq led the rally higher last week, closing up 2.21%. The SP 500 followed,…

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

As the week comes to a close, let’s take a look at the top stories that shaped the week.

Some experts told Fortune that they had forgotten entirely about the long-term interest rate rule.

US equity indexes soared a day after the US Fed hinted at more rate cuts this year after lowering the federal funds rate by 25 bps to 4% to 4.25%.

While some fixed-rate loans are unlikely to be immediately affected by the rate cuts, variable-rate debts like credit cards could see an immediate impact.

Mortgage applications, especially for refinancing, soared in the week ended 12th Sept. and as rates hover at the lowest in a year.

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of moderating borrowing for most of 2025, the sudden spike shows that many people are increasingly depending on…