Gold Silver Reports – Trump Favours Powell for Fed Announcement This Week – President Donald Trump stoked the sense of drama surrounding his choice for the next Fed chairman as he tweeted out a video teasing an announcement he said would come this week.
Fed
![Fed-Speak: Rate cuts coming [09-09-2024]](https://www.goldsilverreports.com/wp-content/uploads/2017/09/Fed-neal-bhai-reports.jpg)
Fed Officials Ponder Slow Inflation With December Hike On Table
Gold Silver Reports – Fed Officials Ponder Slow Inflation With December Hike On Table – Federal Reserve officials said there’s room to be patient in the run-up to their December policy meeting, even as they aired varying degrees of concern over this year’s inflation slowdown.
Fed to Shrink Assets Next Month, Boost Rates by Year End
Gold Silver Reports — Fed to Shrink Assets Next Month, Boost Rates by Year End | The Federal Reserve moved to dismantle a pillar of crisis-era support for the world’s biggest economy and stuck with its forecast to raise interest rates again this year, saying hurricane damage won’t derail an otherwise healthy expansion.
Global Gold Prices Firm ahead of Fed Minutes
Spot Gold Advances as Fed Holds Rates Steady, Assesses Inflation
Spot gold touched a session high after the Federal Reserve left its benchmark policy rate unchanged and said it’s “monitoring inflation developments closely.”
Gold Kiss 1-week High on Weaker Dollar, Rate Hike Prospects
* Physical holdings in gold ETFs fall since Fed rate rise
* Gold resistance at $1,260/oz, 55-day moving average
* Hold off on further rate hikes until inflation moves
Hedge Funds Exit Gold Before Fed Sparks Worst Rout in Month
Gold Silver Reports — Hedge funds were smart enough to get ahead of Janet Yellen’s bad news for the gold market.
Fed to Leave $1 Trillion Question Unanswered in Big Bond Unwind
Gold Silver Reports — Fed to Leave $1 Trillion Question Unanswered in Big Bond Unwind — Janet Yellen’s Federal Reserve is getting ready to set off on a path toward a smaller balance sheet without knowing quite where it will end up.
GOLD SEES MILD SELLING AHEAD OF FED SPEAKERS
Gold Silver Reports – Gold dropped a little on profit selling today as investors turned their eyes to comments from several Federal Reserve officials. Gold futures consolidated a little yesterday as poor speculative demand capped the metal.
Gold Down on Fed Rate Hike Expectations
Gold Silver Reports — Gold Down on Fed Rate Hike Expectations — Gold hit a more than four-week low on Tuesday as the dollar strengthened and expectations for a U.S. interest rate hike this month weighed, though moves were muted ahead of key U.S. data this week.