The Latest Breaking News from US Federal Reserve

Trump’s own former statistics chief denounces move as ‘groundless’ and ‘dangerous’. Key US politics stories from Friday 1 August at a glance

US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates.

The dollar index (DXY00 ) on Friday retreated from a 2-month high and fell by -0.95%. The dollar tumbled Friday after the Jul payroll report showed the US labor market cooled more than expected, bolstering speculation the Fed may cut interest rates as soon as next month. Losses in the...

After a week-long stock rally, the new tariff announcements have made investors “a little bit more concerned” of ongoing unpredictability, Danny Moses said.

The U.S. job market created only 73,000 jobs in July, according to the Bureau of Labor Statistics. Additionally, downward revisions to May and June resulted in the elimination of a whopping 258,000 jobs. That means the U.S. saw the weakest tri-monthly employment print since the pandemic, according to Bloomberg. That’s…

Commodity prices turned in mixed results in July 2025. Lower liquidity during the summer could have contributed to extreme volatility in the copper market. A strong dollar and lower US government bond prices were not bullish for the commodities asset class.

It's a rough start to the new month for Wall Street, as major U.S. stock indices plunged by midday Friday, setting the stage for a negative weekly close.

The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.

The odds of a Federal Reserve interest rate cut in September surged following a surprisingly weak U.S. jobs report, reigniting bullish sentiment across crypto markets heading into a traditionally volatile trading season.