Tag Archives: FED

The US economy is showing signs of resilience, with lower inflation seen by shoppers. However, the Federal Reserve’s target interest rate of 2% remains high, and consumers expect inflation to remain high over the coming months but fall in the years ahead to levels closer to those experienced before the …

Gold prices fell on Monday as a stronger dollar reduced the precious metal’s safe-haven appeal and investors awaited non-farm payrolls data in the United States and minutes from the latest Federal Reserve meeting to be published later this week. Spot gold prices fell 0.4 percent to $1911.70 an ounce by …

Gold prices changed slightly on Monday, as the strength of the US dollar affected the attractiveness of the yellow metal, at a time when markets were awaiting important economic data to obtain more information about the Federal Reserve’s plans to raise interest rates in the future. Gold prices settled in …

Gold settled near its lowest level in four months on Friday, as investors awaited important US inflation data later on Friday, after a group of strong data and statements in favor of monetary tightening from Federal Reserve officials increased bets on raising interest again. And gold settled in the spot …

As speculators favoured two more looming Fed rate hikes, US Treasury rates soared on Thursday, reaching their highest levels since March. Trading participants bet that the Fed will increase rates twice more this year as a result of strong economic growth data.The two-year rate increased by as much as 18 …

Atlanta Federal Reserve Bank President Raphael Bostic, who supports standing pat on the Fed’s policy rate, on Thursday said it is clear US inflation has fallen, though in recent months the signals have been less clear.“I think it’s unambiguous that inflation has fallen considerably,” Bostic said at a dinner in …

Despite growing speculations about the Fed raising interest rates in the future, the price of gold is rising back above $1900. The precious metal is trading at 1906.70 at the time of typing. Strong growth is highlighted by the US economic data, which has caused the Gold Index to test …

Gold prices remained near their lowest levels in nearly four months on Thursday after Federal Reserve Chairman Jerome Powell left the door open to raising interest rates again with the aim of curbing inflation. Spot gold rose 0.25 percent to $1,912.19 an ounce by 0123 GMT. On Wednesday, the precious …

The AUD/USD pair declines from weekly highs amidst strong US economic performance. Upcoming Australian CPI data and Fed Chair Powell’s speech are awaited by AUD/USD traders.Investors bet on softened CPI, weighing the AUD further. The AUD/USD pair is still in positive territory but retreats from weekly highs of 0.6720, falls …

Gold has declined due to positive US data, including durable goods orders and consumer confidence data. The gold price has retreated after hitting a daily high of $1930.66 due to overall upbeat data from the US, demonstrating the economy’s resilience despite higher borrowing costs set by the US Fed. Gold …