Given a lack of recent economic data, the Federal Reserve's Beige Book report may play a more important role than it normally does at the central bank's Dec. 9-10 meeting. As Jeffry Bartash reports, the latest report released on Wednesday shows the U.

Economists hoping to hear from Federal Reserve Chair Jerome Powell are in luck. The Fed's policymaking arm will wrap up its May meeting and release its latest interest-rate decision at 2 p.m. Powell will speak at a press conference at the Federal Reserve building in Washington,

The Federal Reserve delivered its first interest-rate cut of the year on Wednesday and bolstered hopes for further rate cuts in October and December. After the 2 p.m. ET policy statement, the S&P 500 traded fractionally higher in afternoon stock market ...

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The dollar was trading steady ahead of U.S. economic data that could influence expectations for the Federal Reserve's December meeting. Delayed September retail sales and producer price index data will be released at 8:30 a.