Expert tips dramatic interest rates cut to 2.75% driven by unemployment
Interest rates could be slashed to 2.75 per cent by the end of summer, driven by rising unemployment,…
Gold Prices Close Week in Positive Territory, Silver Hits Record High, Fed Interest Rate Cuts Expected
Phillip Streible, Chief Market Strategist at Blue Line Futures, added, “The main theme remains the flow of money…
Gold prices rise following higher-than-expected US unemployment rate
Alex Ebkerian, COO of Allegiance Gold, predicted that if gold prices close above $4,400 by the end of…
What the latest GDP numbers mean for interest rates and the economy
On a couple of occasions, former treasurer and prime minister Paul Keating described favourable gross domestic product figures…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Fed’s Goolsbee says US jobs market steady, cautions against aggressive rate cuts, FT reports
(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains “mostly steady and…
Dollar steadies after post-Fed rollercoaster ride
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar was steady early on Thursday following its plunge to…
US Fed makes first rate cut of 2025 on employment risks
Economists expect to see growing divisions among the Federal Reserve’s rate-setting committee this week (Andrew Harnik) The US…