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 - Recession fears mounting

Now that Wall Street has had some time to digest the FOMC decision, the focus shifts to how quickly the economy is weakening and a wave of Fed speak. A wide range of economic releases includes more Fed regional surveys, durable goods orders, consumer confidence, new home sales, initial jobless claims, personal income & spending, and the PCE deflator. An overwhelming amount of Fed speak include 16 appearances by policymakers.

23-09-2022 15:04 GMT by Craig Erlam

A turbulent week ahead

It's been quite a volatile start to the week which is unlikely to abate considering what's to come over the next few days. Central banks are lining up this week to deliver huge rate hikes as the desperate fight against inflation continues. The Fed headlines on Wednesday but others will follow including the BoE, SNB, SARB and the Norges Bank on Thursday.

20-09-2022 03:41 GMT by Craig Erlam