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.

Market Insights Podcast - All eyes on FOMC, Fed new “dot plot” projections, BOJ, US and China inflation data

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events. Firstly, the major key risk event this week will be on Wednesday, 12 June where we have a double dose of US CPI data release for May and US FOMC meeting outcome where the focus will be on the forward guidance of US monetary policy from Fed Chair Powell's press conference and the latest summary of economic projections ("dot plot") release on forecasted inflationary trends and the implied

11-06-2024 01:29 GMT by Kelvin Wong

Market Insights Podcast - Gold hit another fresh record high, UK and Japan CPI, Fed minutes on the radar for this week

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events. Firstly, at the start of a brand new week, Gold (XAU/USD) maintained its bullish tone and rocketed to a fresh record on Monday, 20 May, printing an intraday high of US$2,450 on the backdrop of a potential uptick in geopolitical risk premium arising in the Middle East due to the death of Iranian President Raisi in a helicopter crash.

20-05-2024 22:05 GMT by Kelvin Wong