ECB holds interest rates, gives strong signal that cuts are on the way
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. Bloomberg |...
Gold prices look ‘very vulnerable’ to a setback, veteran advisor says
Gold prices on Monday extended their record-breaking run, notching another all-time high amid robust U.S. economic data and elevated geopolitical tensions. Spot gold prices stood...
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of...
Mounting U.S. rate cut bets push gold to record highs
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Oct. 13, 2023. SeongJoon Cho | Bloomberg | Getty Images Gold...
Gold subdued as traders ready for US inflation data
Gold prices inched lower on Monday pressured by a gaining U.S. dollar, but bullion’s losses were cushioned as growing tensions in the Middle East supported...
IMF ups global growth forecast on U.S. resilience, China policy support
Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty Images The International Monetary Fund on...
investors await key data, Fed meeting
U.S. Treasury yields declined Monday as investors looked ahead to a week of key economic data and the Federal Reserve’s first interest rate decision of...
Treasury yields fall as traders assess prospects of future Fed rate cuts
The 10-year U.S. Treasury yield retreated on Tuesday as traders continued to assess the prospect of future rate cuts from the Federal Reserve. The yield...
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal...
Gold at six-month high as dollar declines and investors eye rate cuts
Ingots of 99.99 percent pure gold are placed in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Alexander Manzyuk | Anadolu Agency...