Tag: federal reserve
Global shares rise as Fed rate-hike bets fade after weak US economic data
Global shares moved higher on Monday as investors became less worried about an immediate US interest-rate hike. The move came after a series of weaker-than-expected…
US core inflation eases to 3.3% in June as September Fed rate hike remains in focus
The Federal Reserve’s preferred inflation measure, the core Personal Consumption Expenditures (PCE) price index, eased to 3.3% in June from 3.4% in May, according to…
Trump’s war means higher global interest rates for years to come
Donald Trump’s war against Iran may be over, but the repercussions for global monetary policy are here to stay. With a shaky ceasefire largely holding…
Weak US job data, oil price, interest rates: Why are gold, silver prices rising?
Gold prices advanced for a third consecutive day despite an ease in Indian demand following a modest pick-up earlier in the week. The development comes…
Gold prices to stay buoyant on Fed cuts, festive buying and global concerns
Gold prices are expected to remain buoyant in the coming week as a combination of global monetary easing, festive demand in Asia, central bank purchases…