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Keywords: Federal Reserve


Nasdaq hits record high as gold soars past $3,600 amid rate cut speculation

The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......

Gold hits record $3,516 as stocks tumble amid trade fears

The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......

Lagarde sounds alarm over Trump controlling U.S. monetary policy

Christine Lagarde, President of the European Central Bank (ECB), warned on Monday that if former U.S. President Donald Trump were to gain control over American monetary policy, it would pose “a very serious danger” to both the U.S. and global economies. Speaking on Radio Classique, Lagarde......

Fed governor and possible Powell successor calls for rate cut

Christopher Waller, one of the governors of the US Federal Reserve, urged the central bank on Thursday to lower its benchmark interest rate at the next monetary policy meeting scheduled for September 16–17. Speaking in Miami, Waller expressed regret that no rate cut was made in July but stressed......

Bessent: No reason for fed chair powell to resign amid political pressure

U.S. Treasury Secretary Scott Bessent said Tuesday that there is currently no reason for Federal Reserve Chairman Jerome Powell to resign, despite growing political pressure and criticism from President Donald Trump. “There is nothing at this time that suggests he should step down,” Bessent......

US consumer prices pise as expected in june amid tariff pressures

 U.S. consumer prices saw a notable increase in June, likely marking the beginning of a long-anticipated rise in inflation, driven by new tariffs. This uptick has kept the Federal Reserve cautious about making further interest rate cuts. The Consumer Price Index (CPI) rose by 0.3% in June after......

Trump Softens Stance on Fed Chair Powell amid Market Rally

President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......

Gold soars past 3500 dollars amid trade turmoil and Fed tensions

For the first time in history, the price of gold surged above $3,500 per ounce on Tuesday, driven by escalating trade tensions and growing friction between former President Donald Trump and the Federal Reserve's chair, which also led to a sharp decline on Wall Street. At 7:30 GMT, the precious metal......

US Federal Reserve Pauses Interest Rate Cuts Amid Tariff Uncertainty

The US Federal Reserve decided to maintain its interest rates on Wednesday, signaling caution amid ongoing economic uncertainty driven by President Donald Trump’s unpredictable tariff policies. The central bank kept its key lending rate steady between 4.25% and 4.50%. Along with this decision,......