Tag Archives: inflation

Gold prices surged to a new record high in Asian trading, fueled by optimism surrounding recent U.S. interest rate cuts. Investors also exhibited caution ahead of a series of economic events this week, which further supported the yellow metal’s rise. Spot gold climbed 0.3% to reach a historic high of …

  Fed’s Aggressive Rate Cut Signals a New Era Last week, the Federal Reserve made a significant move by cutting its policy rate by a substantial 0.5%. This marked a significant departure from its previous stance of aggressive rate hikes aimed at curbing inflation. The larger-than-expected cut signals a critical …

Gold prices edged higher in Asian trading on Friday, supported by a weaker dollar following the Federal Reserve’s aggressive interest rate cut. The move has bolstered optimism for more rate reductions, driving demand for the precious metal as a hedge against currency weakness and economic uncertainty. Gold Reacts to Fed’s …

The Federal Reserve’s recent decision to lower interest rates has sent ripples through the financial markets, sparking a surge in stock prices. While the move has initially been welcomed by investors, its long-term implications remain uncertain. Let’s delve deeper into the potential impacts of this rate cut on the economy …

Fed Chair Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to questions in the post-meeting press conference.Key quotes:“Housing market is frozen in part due to higher rates.”“As rates come home, …

Gold prices experienced a significant decline after the Federal Reserve (Fed) announced a 50-basis point rate cut. Despite the reduction, the Fed projected the federal funds rate to reach 4.4% by the end of 2024, indicating a continued tightening stance.Rate Cut and Outlook: The Fed’s decision to lower borrowing costs …

British inflation held steady in August, with the Consumer Price Index (CPI) remaining at 2.2%—matching expectations but falling short of the Bank of England’s (BoE) latest projection of 2.4%. However, a notable increase in services sector inflation has added complexity to the central bank’s upcoming decision on interest rates. Consumer …

Gold prices edged lower in Asian trade on Tuesday, but remained near record highs as expectations grew for a substantial interest rate cut by the U.S. Federal Reserve later this week. The metal’s strong performance has been fueled by a weakening U.S. dollar and falling Treasury yields, driven by speculation …

Amid increasing speculations that the Fed would cut interest rates by a larger margin later this week, gold prices hit a record high in Asian trade, earlier on Monday. Though Trump seemed uninjured, reports of a second attempt on the Republican presidential nominee’s life reportedly increased demand for safe haven …

Gold prices surged to a record high in Asian trading on Monday, driven by heightened speculation that the Federal Reserve may cut interest rates more aggressively later this week. Adding to the bullish sentiment for safe-haven assets were reports of a second assassination attempt on Republican presidential nominee Donald Trump, …