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.

Week Ahead - UK inflation, earnings, interest rate decisions galore

The week before the July 26th FOMC meeting will contain a handful of key economic reports and several key earnings results. The initial assessment of the economy is somewhat upbeat as CEO Jamie Dimon noted that the US economy continues to be ‘resilient’.

14-07-2023 17:07 GMT by Craig Erlam

Week Ahead - FOMC minutes and US jobs report eyed, RBA may hike again

It will be an eventful week, the ISM manufacturing report, the fourth of July Holiday, the Fed Minutes, and the nonfarm payroll report. Wall Street is starting to believe in those Fed dot plots and this week’s economic data points may provide more evidence for the hawks. The ISM manufacturing report is expected to show activity is stabilizing. The Fed minutes will emphasize the fear that core inflation is proving to be stickier.

30-06-2023 08:51 GMT by Craig Erlam