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πΊπΈ UPDATE: The Fed will keep eight FOMC meetings per year starting in 2027, but one will focus solely on long-term monetary policy strategy with no rate vote or policy statement.
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JUST IN: Google $GOOGL reports $127.58 billion in revenue for Q3 2026, missing expectations.
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BREAKING: π¨ Alphabet $GOOGL crashes nearly 9% after missing earnings expectations.
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π¨ TODAY: The Federal Reserve held interest rates steady at 3.75%β4.00%, citing strong economic activity and still-elevated inflation.
The decision passed 10β2, with Lisa Cook and Beth Hammack voting for a 25-basis-point hike instead.
The Fed said it needs more data to determine the policy stance needed to bring inflation back to its 2% target.
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The decision passed 10β2, with Lisa Cook and Beth Hammack voting for a 25-basis-point hike instead.
The Fed said it needs more data to determine the policy stance needed to bring inflation back to its 2% target.
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πΊπΈ BIG: The CFTC will host an industry roundtable on Dec. 15 to discuss moving US derivatives markets to 24/7 trading.
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πͺπΊ JUST IN: Christine Lagarde to step down as ECB president on February 7, 2027.
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πΊπΈ JUST IN: NYSE parent ICE takes a stake in Trade.xyz and plans a US-regulated perpetual futures market built on Hyperliquid.
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JUST IN: πΊπΈ Hyperliquid $HYPE pumps 13% to $91 after NYSE said it'll bring its perpetual futures to regulated US markets.
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πͺπΊ JUST IN: European Central Bank holds its key deposit rate at 2.50%, as expected.
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π¦πͺ BIG: Standard Asset Company has opened a UAE office to advance its $1.5 billion Bitcoin and real estate strategy.
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