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 lowers rates, UK-US Trade Deal, Pound Rises

The BoE lowered rates by a quarter-point to 4.25%, the second rate cut in 2025. The UK and US announced a trade deal XX. In the US, the Federal Reserve held rates and Fed Chair Powell warned that tariffs could lead to stagflation.

08-05-2025 14:10 GMT by Kenneth Fisher

Japanese yen extends losses, wage growth expected to fall

The yen continues to lose ground against the US dollar. The Federal Reserve held rates on Wednesday and Fed Chair Powell pushed back against Donald Trump's calls for lowering rates. Powell said the tariffs could lead to stagflation and the Fed would remain cautious before making any cuts. Japan released the minutes of the BoJ March meeting, with members concerned about the impact of US tariffs on Japan's economy.

08-05-2025 08:25 GMT by Kenneth Fisher