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.

Fed Reaction: Fed confident in soft landing, not considering 75bps, stocks rally, Musk’s ape tweet

Fed hikes by a half-point A historic Fed decision is in the books and Fed Chair Powell did not disappoint. The Fed delivered the first-rate hike in 22 years and signaled more rate increases are appropriate and that the balance sheet runoff will begin in June. Growth is cooling and that could get a lot worse as the Ukraine invasion will continue to drive upward pressure on prices. Wall Street still believes the Fed will be able to deliver a soft landing and that is good news for equities. The

05-05-2022 08:00 GMT by Edward Moya

US Close: Stocks show resilience, Musk and Twitter have a deal, Oil’s demand problem, Gold’s danger zone, Bitcoin above $40k

US stocks were under pressure earlier as investors couldn’t quite summon up the courage to ‘buy the dip’ as global growth concerns were driven as China seems poised they won’t back away from their zero COVID strategy. With no more Fed speak until next week’s policy decision, the bond market selloff was ready for a pause.

25-04-2022 16:35 GMT by Edward Moya