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.

New Zealand dollar flies after Powell speech, NZ retail sales beat forecast

The New Zealand dollar jumped on Friday as the US dollar retreated following Jerome Powell's dovish speech at Jackson Hole. New Zealand retail sales rose 0.5% in the second quarter, beating the estimate of 0.2%.

25-08-2025 09:45 GMT by Kenneth Fisher

Markets Weekly Outlook - Fed Chair Pivot Ignites Rally Ahead of US PCE and Japanese Inflation Data

Wall Street surges as Fed Chair Powell signals potential rate cut. Focus shifts to upcoming US PCE and Japanese inflation data. This weekly outlook examines market reactions and key economic releases ahead

22-08-2025 20:35 GMT by Zain Vawda