Federal Reserve cuts interest rates by 0.25%, Powell warns there’s ‘no risk-free path’
At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation.…
Gold remains above $3,700 ahead of Fed rate decision
Gold (GC=F) futures opened $3,727.30 per ounce on Wednesday. The price of gold has gained 41.6% this year.…
Gold opens above $3,600 ahead of expected rate cut this week
Gold (GC=F) futures opened at $3,680.20 per ounce on Monday, up 0.8% from Friday’s close of $3,649.40. Gold…
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to…