The Latest Breaking News from US Federal Reserve

U.S. indices finished higher Thursday as investors weighed Wednesday’s Fed rate decision and economic outlook. U.S. weekly jobless claims also came in lower than the prior week.

The latest Federal Open Market Committee (FOMC) minutes released this week suggest the potential for seven interest rate hikes in 2022. Wall Street and economics gurus love to make a fuss over the timing and potential implications of interest rate changes, but not every American is a bond trader, an…

Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next month and despite the US Federal Reserve's decision to raise interest rates. The supply loss would be far greater…

The stock market has been experiencing high volatility due to surging inflation, the Ukraine-Russia war, and multiple interest rate increases planned by the Fed this year. So, investors looking to side-step the market’s volatility could be well served by betting on high dividend-yielding stocks. Gilead Sciences (GILD), Walgreens Boots Alliance…

After the U.S. Federal Reserve turned more hawkish and announced it will do whatever it takes to fight rising inflation, the markets rallied. Many were left puzzled by the strong response in the markets as higher rates tend to negatively impact earnings, but Wedbush analyst Dan Ives says it makes a lot of sense. 

The US Federal Reserve, on Wednesday, raised its target fed funds rate by 0.25%, its first interest rate hike since 2018. Investors, meanwhile, focused on some notable insider trades

The United States Federal Reserve approved its first interest rate hike, 0.25% or 25 basis points since 2018, aiming to address increasing inflation without affecting economic growth.

On Wednesday, the U.S. Federal Reserve hiked the target fed funds rate by 0.25% to between 0.25% and 0.5%. This is the first such rate hike since 2018.

The United States Federal Reserve has raised interest rates for the first time since 2018, as it tries to cool inflation, which is running at the highest level in 40 years. The Chair of the central bank, Jerome Powell, said the implications of the Russian invasion were "highly uncertain", pointing…