Global gold prices fell for the second consecutive day after reaching a record high, pressured by rising US Treasury yields and Federal Reserve...
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The EURUSD currency pair ticked higher but is broadly sideways around 1.0300 in Tuesday’s North American session as investors await the Federal Reserve Chair’s testimony before Congress. Investors will pay close attention to Jerome Powell’s comments to know for how long the Fed will keep interest rates steady in the 4.25-4.50% range and the likely impact of 25% tariffs on all steel and aluminium imports on the monetary policy outlook. In January, the Fed left interest rates unchanged and Powell said that the central bank will remain in the waiting mode until it sees “real progress in inflation or at least
Global gold prices fell for the second consecutive day after reaching a record high, pressured by rising US Treasury yields and Federal Reserve...
Federal Reserve Chair Jerome Powell stated that the central bank will keep interest rates unchanged, citing ongoing inflation above the 2% target and...
Investors are bracing for potential tariff developments and have sought insights into the US Federal Reserve's plans for interest rates.
SHANGHAI: China left benchmark lending rates unchanged at the monthly fixing on Thursday, showing authorities are going slow with monetary stimulus as...
Energy and tech stocks surge, gold hits dizzying heights, and everyone eagerly awaits Fed Chair Powell's take on whether the trade party will continue...
The Federal Reserve appears to be making its position clear: interest rate cuts are not imminent, warned the CEO of one of a eading financial advisory...
NEW YORK, Feb. 11 (Xinhua) -- U.S. stocks ended mixed on Tuesday, as market players digested Federal Reserve Chair Jerome Powell's comments in a...
By Ryan McMaken At its September 2024 meeting, the Fed’s FOMC cut the target federal funds rate by a historically large 50 basis points and then...
The Bank of Jamaica (BOJ) announced today that it will keep its benchmark rate unchanged at 6.0 per cent for the month amid global uncertainty. The...
The Central Bank of Nigeria’s Monetary Policy Committee has maintained the country’s interest rate at 27.50 percent in January, unchanged from...