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.

Bank of England holds rates, British Pound slips

The BoE didn't surprise and held rates at 4% at today's meeting. Governor Bailey noted that inflation remains high and the Bank's forecast shows that employment growth is at zero. The Fed lowered rates for the first time in nine months, citing the cooling labor market as the main factor behind the rate cut.

18-09-2025 15:00 GMT by Kenneth Fisher

EUR/USD Technical: Euro bullish trend intact despite 1.2% sell-off after FOMC

The EUR/USD hit a 4-year high of 1.1919 after the Fed’s 25 bps rate cut, but reversed to close -0.5% lower as Powell struck a less dovish tone, calling the move a “risk management” cut. The pair extended its decline to 1.1780 in Asia, down 1.2% from the post-FOMC high. Despite the Fed’s cautious stance, futures still price in three cuts for 2026, keeping the dollar under pressure and supporting the euro’s broader uptrend.

18-09-2025 11:55 GMT by Kelvin Wong