Tag Archives: rate cut

Gold prices found stability on Wednesday as traders eagerly anticipated insights from numerous Federal Reserve officials scheduled to speak this week, seeking clarity on the potential timeline for interest rate adjustments. Spot Gold Holds Steady In the early hours of trading, the price of gold in spot transactions held firm …

The Dollar Index temporarily dipped below 104.20 on Tuesday, one day after reaching its best level in nearly three months on good economic data and the Fed’s hawkish stance on interest rates, with the US service sector exhibiting resilience, prompting markets to disregard an interest rate cut in March. Loretta …

Gold Prices Hover as Investors Await Clarity on Fed’s Stance In the European trading session on Tuesday, Gold prices (XAU/USD) exhibit a lack of decisive movement, ensnared within a tight range, as market participants eagerly await key insights from Federal Reserve (Fed) officials regarding their outlook on interest rates. The …

US stocks fell on Monday after Federal Reserve Chair Jerome Powell tempered expectations for an early interest rate cut, raising the stakes for a busy week of corporate reports to keep the recent surge going.The S&P 500 fell 0.1%, indicating a minor reversal from the benchmark’s record-breaking surge. The Dow …

Fed’s Neel Kashkari has stated that US interest rates at their highest levels in about 23 years are not hurting the economy and could buy policymakers more time before deciding whether to cut.Economic developments show that Fed policy is not as restrictive on growth as it appears on the surface, …

On Monday, gold prices experienced a decline as the dollar strengthened, and U.S. Treasury bond yields rose following a robust jobs report. The data indicated a strong performance in the job sector, dampening expectations of an imminent interest rate cut by the Federal Reserve. Gold Price Movements Spot Gold Drops …

The Dow Jones Industrial Average rose Thursday following a dismal day for the major averages after the Federal Reserve held steady on rates but signaled that a March cut is unlikely.The 30-stock Dow added market index climbed 211 points, or 0.5%, while S&P 500 added 0.7%. The Nasdaq Composite gained …

Fed Chair Jerome Powell has signaled potential rate cuts based on economic progress, stating that there is no rush to change existing monetary policy. The Gold Index has reacted to Powell’s rejection of bets on a March rate cut and emphasis on a cautious approach to managing inflation. Gold prices …

Fed Chairman Jerome Powell quickly summed up where the central bank stands. “We believe our policy rate is likely at its peak for this tightening cycle and that, if the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this …

US treasuries experienced a rally on Wednesday due to slower-than-expected hiring and a surprise loss from New York Community Bancorp, raising concerns about the health of regional lenders. Two- to five-year Treasury yields tumbled more than 10 basis points as traders priced in a higher likelihood of Federal Reserve interest-rate …