Sarah Bloom Raskin, a former Fed governor and senior fellow at the Roosevelt Institute, says the court failed to offer a sound legal basis for treating the Fed differently.

For context, one thing the central bank does is act as a bank for banks. And like a commercial bank pays interest on its clients deposits, the Fed pays interest on banks' reserves. Texas Republican Senator Ted Cruz has floated the idea of ending that practice and claims it could save $1.1 trillion over a decade.

At the Federal Open Market Committee meeting next week, investors will scrutinize all communications for any sign that the recent softening in U.S. inflation could be enough to nudge policymakers closer to cutting interest rates.

So far this year, the Federal Reserve has kept interest rates steady. But when will that change, and how could it impact what you earn on your savings?

Treasury Secretary Scott Bessent told lawmakers he would like to remain in his seat until 2029, but he also did not dismiss the possibility of becoming the next chair of the Federal Reserve.

U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have to force something" as part of his ongoing push for the central bank to lower rates.

Una sólida venta de títulos del Tesoro a largo plazo redujo los temores de que el creciente déficit esté llevando a los inversores a huir de los bonos. El mercado también repuntó gracias a que la inflación moderada alimentó las apuestas de que la Reserva Federal recortará las tasas de interés si la economía se desacelera.