Tag Archives: FED

On Thursday, the price of gold fell again, giving up some of its previous gains. The US dollar strengthened and US Treasury yields increased throughout this decline. The market’s change was influenced by the Federal Reserve’s decision on monetary policy on Wednesday. Even if the Fed recognized a robust economy …

On Thursday, the pound stabilized against the dollar as traders awaited the Bank of England’s meeting, widely anticipated to maintain UK rates, though uncertainty looms over its monetary policy outlook. This week sees a flurry of central bank decisions. Notably, the Bank of Japan surprised markets on Tuesday by abandoning …

Gold prices surged to unprecedented levels on Thursday, driven by a decline in the dollar and bond yields following the Federal Reserve’s decision to maintain expectations of three interest rate cuts this year. The allure of gold strengthened as low interest rates diminished the opportunity cost of holding non-yielding bullion …

After the Fed had hinted at three rate cuts in the pipeline for 2024, the Dow surged to new heights. Following the Federal Reserve’s the retention of Fed’s 23-year high rate of interest rate and its hold on the projections for three rate cuts before the end of 2024, the …

The Federal Reserve maintained its monetary policy unchanged at the recently concluded Federal Open Market Committee (FOMC) monetary policy meeting, as anticipated. At 5.25% to 5.50%, the main Fed Funds interest rate range remained unchanged. It seems that the FOMC statement took a moderate stance on policy, neither being very …

On Wednesday, the Federal Reserve kept the interest rate in the 5.25%-5.50% area without any change at the end of its meeting that began one day ago, which was in line with market expectations.The central bank has been holding the interest rate at these levels since July 2023, when the …

Following its meeting in March, the Federal Reserve has just announced its monetary policy decision to hold the US central bank’s policy rate at 5.25%–5.5%. All eyes focus now on the policy statement as well as the press conference starring Fed Chair Jerome Powell.

On Wednesday, the US dollar’s gains continued. The revised Dot Plot and Chair Powell’s tone are the centre of attention. Any surprise from the Fed, whether hawkish or dovish, could cause volatility in the USD. At present, the US Dollar Index (DXY) is trading close to 104, indicating a gain …

Following its meeting in March, the Federal Reserve (Fed) is anticipated to make announcements regarding monetary policy and to release the updated Summary of Economic Projections (SEP), also known as the dot plot, on Wednesday. For the sixth consecutive meeting, market participants predict that the US central bank will maintain …

Gold prices remained steady on Wednesday as traders braced themselves for a pivotal monetary policy decision from the Federal Reserve, along with remarks from Chairman Jerome Powell. These events are anticipated to offer crucial insights into the outlook for interest rate adjustments throughout the year. At the close of spot …