At Stansted it said it wanted to impose a price-monitoring regime, rather than a price cap.

BBC: Heathrow and Gatwick face new airline fee caps

Traders also will keep monitoring reports about the voracious physical buying that was unleashed by a sharp price decline in mid-April.

FORBES: METALS OUTLOOK: Gold Market To Focus On Central-Bank Meetings, Jobs Report, Physical Demand

The Fed, which favors monitoring core inflation, which excludes food and energy prices, tried to show that consumer price inflation is an active concern.

FORBES: FOMC Shows Inflation Concerns As Bernanke Faces 'Soft Resistance'