The Latest Breaking News from US Federal Reserve

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting

Shares have retreated in Asia after China reported lackluster economic indicators for November, while bitcoin surged to fresh highs, topping $106,000

"But at some point, if you borrow too much, lenders may question your ability to pay it all back. It doesn’t take a vigilante to point that out."

FedEx and Nike report after the Fed's final meeting of 2024. S&P 500 estimates for 2025 are also coming out. Analysts often underestimate.

The Nasdaq held at highs amid weak market breadth. The Fed meeting looms with Palantir and new AI laggard Nvidia in focus.

Broadcom became the latest member of the $1 trillion market-cap club after its quarterly results, while RH also rallied on earnings.

The dollar index (DXY00 ) Friday rose by +0.03% and posted a 2-1/2 week high. The dollar was supported by Friday’s news of an unexpected increase in the US Nov import price index ex-petroleum, a hawkish factor for Fed policy. The dollar also found support from stronger interest rate differentials...

Experts say Trump’s potential policies, including his tariff proposals, could do much to impact the economy and the Fed’s trajectory.

The Nasdaq hit a record high, trading flat for the week, buoyed by Google, Broadcom and Tesla. But the broader stock market struggled as Treasury yields jumped.