Gold shines as bets for US rate hike pause gather pace
U.S. CPI comes in below estimates, core in line with estimates Dollar down 0.7%, yields skid Market bets on 25 bps Fed hike in May,...
Fed’s Powell discussed FDIC limits with House Republicans -lawmaker
WASHINGTON, March 29 (Reuters) – U.S. Federal Reserve Chair Jerome Powell told Republican lawmakers that Congress should re-evaluate limits on the size of federally insured...
Gold eases but remains on course for quarterly rise
Key U.S. inflation gauge slightly below expectations All precious metals set to gain in March March 31 (Reuters) – Gold prices were on track for...
Fed emergency lending to banks boosted overall Fed holdings in latest week
NEW YORK, March 23 (Reuters) – Federal Reserve emergency lending to banks, which hit record levels last week, remained high in the latest week, amid...
Gold sparkles in stormy week for markets
Focus on Fed policy meeting next week Gold to shine through the chaos – analyst All precious metals head for weekly gains Gold touches 11-month...
Gold prices hold firm as banking worries persist
ECB pushes through 50 bps rate hike despite market turmoil Traders see Fed raising rates by 25 bps next week March 16 (Reuters) – Gold...
Gold rallies over 1% as Credit Suisse crisis hits risk appetite
Flagship Swiss bank Credit Suisse’s shares slump U.S. Treasury yields tumble, dollar soars Platinum, palladium also pressured by risk-off mood Market largely pricing in Fed...
Fed’s Powell sees long-term damage if US debt ceiling not raised
NEW YORK, March 7 (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve Chair Jerome...
Fed “acutely aware” of trouble inflation is causing – report
WASHINGTON, March 3 (Reuters) – The U.S. Federal Reserve is “acutely aware” of the challenges high inflation poses to the economy and is “strongly committed”...
‘Stubborn’ food inflation leaves U.S. shoppers with slim appetite for other goods
Food retailers benefit from rocketing prices Choosy shoppers seek discounts on clothing, housewares Home improvement sales head down Feb 23 (Reuters) – As American shoppers...