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 - All eyes on China's GDP, UK CPI, Flash PMIs, and Earnings

The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain confident that the economy is recession bound as expectations remain that banking turmoil will persist. Fed rate cut bets for later in the year have steadily increased and that has kept the dollar under pressure.

14-04-2023 15:58 GMT by Edward Moya

Week Ahead - Can CPI, Retail Sales, and Bank Earnings derail Fed rate hike odds?

The US labor market is softening, but still remains tight and that should keep the door open for policymakers to raise rates again at the May 3rd policy meeting. The focus now shifts to whether disinflation trends can get back on track. The March inflation report is expected to show a slower monthly pace of 0.2%, down from 0.4%, while headline inflation reading is expected at 5.2% year on year, down from February’s 6.0%.

07-04-2023 11:33 GMT by Edward Moya