The Latest Breaking News from US Federal Reserve

IEA head says he is ‘deeply concerned’ about the situation at Europe’s biggest nuclear power station, as commodity prices continue to surge and Sainsbury’s renames chicken kiev

The lows may be in for the time being as stocks regain important technical ground. With the situation in Ukraine being front and center, I’ll discuss the effect this is having on the Fed’s stance on rate hikes, the current price of oil and the impact on the S&P 500…

The Federal Open Market Committee, or FOMC, is the Fed's chief body for monetary policy. Its voting membership combines the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York and four other Reserve Bank presidents who serve one-year terms on a rotating basis…

The escalating conflict in the Ukraine, less-than-dovish Fed speakers, and solid US manufacturing survey data pushed the US dollar index (DXY) to a multi-year high of 97.80 on Wednesday. Investors scrambled to buy US dollars for a second consecutive day as they weighed up increasingly more punitive sanctions on Russia…

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded sharply higher on Wednesday after Federal Reserve chair Jerome Powell testified in front of Congress.

The stock market rebounded on Wednesday, with the benchmark indexes registering marginal gains. However, the market is expected to remain highly volatile amid the Fed’s impending rate hikes and the turn of events in the Russia-Ukraine war. Thus, we think it could be wise to bet on GeoPark (GPRK), Transportadora…

As US consumer inflation rose to a 40-year high in January, many financial watchers expect the US Federal Reserve to take a more hawkish stance this year to tame red-hot commodity prices and ease the financial pressure on American companies and their profitability.

Federal Reserve Chair Jerome Powell backed a quarter-point interest-rate hike this month to commence a series of increases and didn’t rule out a larger move at some stage, despite uncertainty caused by Russia’s invasion of Ukraine.

The SPDR S&P 500 (NYSE: SPY) was trading slightly higher Wednesday after a sell-off on Tuesday dropped the ETF 1.52% off the previous day’s closing price.