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Gold hits 2-week peak on Fed rate cut optimism
Gold hits 2-week peak on Fed rate cut optimism with inflation data looming
Gold prices climbed to a two-week high on Tuesday, helped by rising tensions in the Middle East and expectations of a U.S. rate cut this month, with key U.S. inflation data later this week in focus. Spot gold climbed 0.
Gold Eyes $2,700 As Fed Rate Cut Looms, Geopolitics In Focus
Gold started the week on the offensive. The regime change and geopolitical developments in Syria coupled with Chinese monetary policy shift and a weaker USD has reignited the appeal of gold.
2 key inflation prints loom ahead of Fed rate cut decision: What to know this week
A key set of inflation prints will serve as the final fodder for investors leading into the Federal Reserve's Dec. 18 interest rate decision.
10h
on MSN
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...
2h
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even ...
8h
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
23h
The Fed's 'final 5-pound' issue with inflation points to gradual rate cuts: Morning Brief
Getting inflation down to 2% remains the Fed's key objective. But it also seems to be anticipating possible ways the cure ...
1d
Dollar Falls as Market Bets on Another Fed Rate Cut
The dollar was edging lower as investors bet on the Federal Reserve cutting interest rates further this month, Swissquote ...
4d
Fed Official Says the Time for a Pause in Rate Cuts Seems Near
For many investors, Friday's jobs report confirmed expectations that the Federal Reserve is on track to cut interest rates ...
3d
on MSN
Why Powell and the Fed should pause interest-rate cuts in December
The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate ...
4d
on MSN
The Fed Will Cut Interest Rates At Least Twice in 2025, According to Wall Street. Here's What It Means for Stocks
The soaring inflation from the pandemic is now in the rearview mirror, so the Federal Reserve is reversing its interest rate hikes from 2022 and 2023. Lower rates could boost consumer spending, which ...
21h
Saudi bourse gains ahead of US rate cut decision; Dubai falls on tax concerns
Saudi Arabian stock market ended higher on Tuesday, as investors looked ahead to the U.S. Federal Reserve's upcoming interest ...
4d
on MSN
The Fed shouldn't cut rates as inflation is rising, markets are too frothy, JPMorgan Asset Management bond expert says
Traders see an 88% chance the Fed will cut rates another quarter-point in December, according to CME FedWatch.
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