Fed is on course to cut interest rates

Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
Both Waller and Bostic said data on inflation, jobs, and consumer spending, issued between now and the Fed meeting, will be important in deciding if rates should be cut as expected or not.
Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could ...