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.

Chart alert: Gold has formed a medium-term blow-off top below $5,600

Gold prices may have formed a medium-term blow-off top after surging to a record US$5,602 before plunging nearly 12% in a sharp reversal. The move appears driven by speculative long stop-outs and growing expectations of a hawkish Fed stance, rather than fresh fundamentals. Technically, Gold is now in a short-term corrective phase, with US$5,240 acting as the key pivot for near-term direction.

30-01-2026 10:53 GMT by Kelvin Wong

Markets Today: European economies expand, gold and silver plunge as markets await Fed Chair announcement and PCE data

European economies show surprising resilience, but global stocks react negatively to news that Kevin Warsh is favored for the next Fed Chair. This uncertainty triggers massive selloffs in gold and silver, even as European stocks continue a multi-month winning streak. The focus now shifts to the US PCE inflation data and the official Fed announcement.

30-01-2026 09:52 GMT by Zain Vawda