Tag Archives: rate cut

The Fed’s recent rate decision meeting minutes are expected to highlight the complex economic challenges the US central bank faces, as it aims to balance inflation control with economic growth. Markets are realigning expectations to the Fed’s gradual rate cut plan, illustrating the complex economic environment investors and market participants …

The Australian dollar rose after the Reserve Bank of Australia (RBA) considered rate cuts. The RBA held rates steady, but investors will be watching the Federal Open Market Committee’s latest Meeting Minutes on Wednesday to determine the US Fed’s proximity to cutting interest rates.The RBA’s internal dialogue appears to lean …

Federal Reserve Bank of Atlanta President Raphael Bostic told CNBC on Friday that his outlook is for a reduction in policy rate in the summer time, per Reuters.The US Dollar Index showed no immediate reaction to these remarks and was last seen posting small daily gains at 104.33.Bostic noted that …

Bank of England policymaker Megan Greene has stated that she will not vote to cut the cost of borrowing until more evidence of inflation returning to the central bank’s target is found. Greene believes that UK monetary policy will need to remain restrictive for some time for inflation to sustainably …

Gold prices stabilized on Monday, experiencing modest trading activity as investors awaited statements from Federal Reserve officials and key economic data releases. Here’s a breakdown of the latest developments influencing the precious metal market: Stable Gold Prices Amid Holiday Period Gold settled in spot trading at $2,023.03 per ounce, showing …

Under pressure from high Treasury yields, gold fell on Friday and was on track for a weekly decline as investors anticipated US inflation data the next week for further hints about when the Fed will decrease interest rates.At 10:16 a.m. ET (15:16 GMT), spot gold was down 0.4% at $2,025.49 …

Chinese Markets Closed, Dollar Strength Curbs Safe-Haven Demand Gold prices remained steady in subdued trading as Chinese markets observed the Lunar New Year holiday. Meanwhile, the dollar’s resilience dampened demand for safe-haven assets amid escalating tensions in the Middle East. Current Gold Prices and Market Activity At 0404 GMT, gold …

The US dollar rose on Thursday, initially to 103.45 and then stabilizing at 104.15, following positive Initial Jobless Claims data. However, bulls are running out of steam due to a lack of fresh drivers and Fed speakers refusing to give additional guidance on the bank’s next steps concerning future rate …

On Thursday, the dollar navigates within a tight range as traders assess the implications of less dovish remarks from Federal Reserve policymakers and await fresh economic indicators from the United States. Attention is also drawn to inflation data from China, the world’s second-largest economy. Fed Policy Evaluation and Outlook Overnight, …

Gold prices found stability on Thursday amidst a backdrop of nuanced market dynamics, influenced by statements from Federal Reserve officials tempering expectations of imminent interest rate cuts. Additionally, geopolitical tensions escalated following Israel’s rejection of a ceasefire proposal from Hamas, adding to the complex market landscape. Market Performance: Gold Settles …