The Most Up-to-Date federal reserve News

US judge temporarily blocks Trump from removing Fed Governor Cook
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US judge temporarily blocks Trump from removing Fed Governor Cook

The ruling prevents the Fed from firing Lisa Cook while her lawsuit moves forward

US job growth slows sharply in August, unemployment rises to 4.3%
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US job growth slows sharply in August, unemployment rises to 4.3%

Weakest labor market in nearly four years cements case for Fed rate cut as Trump’s policies draw scrutiny

OPEC+ agrees to another large oil output hike
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OPEC+ agrees to another large oil output hike

Group had been curtailing production for several years to support oil prices before reversing course

Dollar hovers near 3.5-year low as traders wager on US rate cut
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Dollar hovers near 3.5-year low as traders wager on US rate cut

The greenback is down 10% so far this year

Stocks slip, safe havens gain as Middle East conflict rages
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Stocks slip, safe havens gain as Middle East conflict rages

Oil hovers near 4.5-month peak on risks of supply shock

US Federal Reserve keeps rates steady but pencils in two cuts by end of 2025
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US Federal Reserve keeps rates steady but pencils in two cuts by end of 2025

Year-end inflation projection higher at 3%, growth lower at 1.4%