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.

Australian dollar hits eight-month high on risk-on mood

The Australian dollar is up 0.50% today, as the markets are in a risk-on mood following news that the US and Japan have hammered out a trade agreement. The deal includes 15% tariffs on Japanese imports into the US.

23-07-2025 14:15 GMT by Kenneth Fisher

BOE's Bailey tells Reeves - hands off banking system

BoE Governor Bailey warned the UK government not to tamper with the banking system structure. Bailey was responding to criticism from Finance Minister Reeves, who has urged financial regulators to ease up on regulations in order to boost growth and investment.

22-07-2025 15:30 GMT by Kenneth Fisher