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.

Canadian dollar shrugs after mixed employment numbers

Canada's employment report was a mix. The economy added 7.4 thousand jobs but the unemployment rate jumped to 6.9% from 6.7% and was higher than expected. There are a host of Fed members speaking on Friday and Saturday and the markets willl be looking for some insights as far as future rate policy.

09-05-2025 14:00 GMT by Kenneth Fisher

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