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.

Gold - Falls below $2,000 after resilient display this year

US inflation report hits gold Fewer Fed rate cuts priced into markets A loss of major technical support US inflation data finally took its toll on gold which, after holding strong above $2,000 this year, finally crumbled under the pressure of higher rates. How much worse it gets for the yellow metal will ultimately depend on how bad the data gets but, under the circumstances, we're certainly back in a "good news is bad news" scenario ahead of the retail sales data.

13-02-2024 13:26 GMT by Craig Erlam

Market Insights Podcast - Fed comments eyed after strong data

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss how markets are trading this week in light of recent Federal Reserve commentary.

07-02-2024 16:12 GMT by Craig Erlam