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.

NAS100 - Nerves remain ahead of PMIs on Tuesday as stocks start the week choppy

US 10-year yield above 5% for first time since 2007 Economic fears mounting NAS100 survives test of key support

23-10-2023 15:22 GMT by Craig Erlam

Week Ahead - US inflation and earnings, central banker appearances in abundance

This week will deliver a make-or-break moment for Fed rate hike expectations. The main event will be the September inflation report. Expectations are for both headline and core inflation to post 0.3% month-over-month gains in September, while headline year-over-year inflation will drop a tick to 3.6% and core’s annual reading will ease from 4.3% to 4.1%. In September, gas prices were relatively stable, car prices rose, and some core services were sticky.

06-10-2023 11:20 GMT by Craig Erlam