Tag: US Fed monetary policy

Investors will watch a run of US labour market and inflation data this week. (Representative Image/Unsplash)
Posted in Business

Gold drops more than 2% on US rate-hike bets

Gold prices fell more than 2% on Monday as a rise in oil prices heightened inflation concerns and reinforced expectations of further Federal Reserve interest-rate…

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Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried about the job market than its other congressional mandate, which is to keep the US inflation in check. (Bloomberg)
Posted in Business

Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News

Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…

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