The Latest Breaking News from US Federal Reserve

The past week was a rollercoaster ride in the world of economics and finance. From President Donald Trump’s tariff threats against Russia to the Federal Reserve’s cautious stance amidst rising inflation, there was no shortage of headlines.

"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than dying," Powell said in 2019.

Investors, traders and speculators continue the low-volume summer grind against now-familiar uncertainties.

Wall Street extended its historic rally this week, with major benchmarks such as the SP 500 and the tech-heavy Nasdaq 100 hitting fresh all-time highs, as strong corporate earnings, robust economic data and AI-fueled tech momentum continued to boost investor optimism.

The dollar index (DXY00 ) Friday fell by -0.24%. The dollar came under pressure today following comments from Fed Governor Christopher Waller on Thursday evening, who stated that he supports a Fed interest rate cut at the July 29-30 FOMC meeting. Also, an easing of inflation expectations in today's University...

Despite a Washington-Beijing trade truce at May’s Geneva summit, China just dropped its U.S. Treasury holdings to the lowest level in over 16 years ― and the timing couldn't be more telling.

Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.

It’s a cautious end to the week on Wall Street, as earnings from Netflix Inc. (NASDAQ:NFLX) failed to impress investors.

US set to shift its approach towards G20 when it takes over group’s rotating presidency from South Africa in December.