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.

FTSE 100 - All eyes on US CPI as traders weigh up whether the Fed is done

Stocks positive ahead of CPI Can the US deliver another promising surprise? Range-bound but another slide could test 7,400

10-08-2023 08:16 GMT by Craig Erlam

Week Ahead - Bracing for next week's earnings, rate decisions, and major economic data

US The Fed is expected to resume raising rates at the July 26th FOMC meeting. Fed funds futures see a 96% chance that the central bank will deliver a quarter-point rate rise, bringing the target range to between 5.25% and 5.50%, almost a 22-year high. The Fed delivered 10 straight rate increases and then paused at the June FOMC meeting. The Fed is going to raise rates on Wednesday and seems poised to be noncommittal with what they will do in September. The economic data has been mixed (str

21-07-2023 14:00 GMT by Edward Moya