Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

GBP/USD Forecast: Technical Breakdown & Key Levels Amidst Dollar Strength
This article analyzes the GBP/USD trend, noting its decline against a strengthening US Dollar. It highlights US economic data, including jobless claims, GDP, and durable goods orders, as factors boosting the dollar. The piece also discusses the Federal Reserve's confusing messaging on interest rates and inflation, concluding with a technical analysis of GBP/USD support and resistance levels.
by Zain Vawda
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