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 - Fed needs more data

What will the jobs report tell us? The build-up to the Jackson Hole symposium last week was quite tense. Investors have spent the weeks since the July Federal Reserve meeting celebrating the "dovish pivot" and then in the days leading up to Powell's speech, doubt started to creep in.

26-08-2022 15:19 GMT by Craig Erlam

Stocks drop ahead of Minutes, Retail Sales moderates, Target's optimism for H2, Musk's Manu tweets

US stocks are softening ahead of the Fed’s Minutes as profit taking overtakes another round of upbeat corporate outlooks. Solid outlooks from Target and Lowes did not tell Wall Street anything new, which has returned the focus solely on the Fed’s tightening path.

17-08-2022 12:41 GMT by Edward Moya