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.

NFP React: Fed bets rise post hot NFP report, stocks lower, oil awaits big week ahead, gold dips, cryptos little changed

US stocks tumbled after the nonfarm payroll report showed the labor market, especially wage pressures, is not cooling quickly at all. Wall Street is scratching its head as a lot of traders expected to see a labor market slowdown accelerate. A headline gain of 263,000 jobs was almost above the most optimistic estimate and the gain with wages was jaw-dropping.

02-12-2022 13:37 GMT by Edward Moya

Week Ahead - The calm before the storm

US After a hotter-than-expected NFP report, investors will fixate on producer prices, inflation expectations, and retail earnings. It will be a busy week filled with a wide range of economic releases, but the big ones, PPI and University of Michigan sentiment are released at the end of the week. Producer prices are expected to cool again, while the consumers’ current conditions and expectations should soften. Wall Street is looking for clearer signals that the labor market is softening an

02-12-2022 12:27 GMT by Craig Erlam