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Gold set for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Gold Prices At 2-Month Low: Why Are Bullion Rates Falling?
The latest gold and silver prices are at their two-month lows as the prices below this were last recorded on September 20, ...
Oil set for weekly loss on uncertainty around Fed rate cuts, China demand fears
Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the ...
The Iron Mountain Daily News2h
Powell: Fed will likely cut rates cautiously given lingering inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Policymakers Defend Fed Independence Amid Concerns About Trump Era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
US Fed Rate Decisions 'Cannot Be Reversed,' Except By Congress: Powell
The US Federal Reserve's interest rate decisions can only be challenged by Congress, Fed Chair Jerome Powell said Thursday amid speculation President-elect Donald Trump may look to weaken the Fed's ...
4 Smart Places to Safely Stash Savings Now That the Fed Has Cut Rates
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...