Federal Reserve News, 19 July 2023: Gold prices eased on Wednesday from a 1-1/2-month high touched in the previous session, dragged by a slightly stronger dollar, even as investors bet that recent U.S. economic readings make the case for a pause in the Federal Reserve’s rate-hike stance.
Federal Reserve System
Federal Reserve Outlook: Interest Rate Freeze Expected for the First Time since January 2022
Federal Reserve Outlook: The Federal Reserve (Fed) is expected to leave its policy rate unchanged at the range of 5%-5.25% on Wednesday, June 14, 2023 at 18.00 GMT.
Fed Minutes Confirm More Hikes to Come – Gold Silver Reports
Fed Minutes: European markets finished the day lower yesterday, despite a softening in yields which was brought about by comments from St. Louis Fed President James Bullard that he envisaged a Fed funds rate of 5.37%.
फेड की 75-या -100 पसंद व्यापारियों को निर्णय के करीब होने का अनुमान लगाती है
फेडरल रिजर्व के अधिकारियों को अगले सप्ताह पूर्ण प्रतिशत अंक तक दरों में वृद्धि के कारण मिल सकते हैं यदि वे पर्याप्त कठिन दिखने का निर्णय लेते हैं, हालांकि आधार मामला अभी भी 75 आधार अंकों की तरह दिखता है।
फेड पूर्वानुमान: अमेरिकी केंद्रीय बैंक को एक और 75 आधार अंक वृद्धि पर सहमत
फेड पूर्वानुमान: मई के बाद से सबसे बड़ा साप्ताहिक लाभ पोस्ट करने के बाद सोना स्थिर रहा क्योंकि निवेशकों ने सख्त अमेरिकी मौद्रिक नीति और आर्थिक मंदी पर चिंताओं की संभावनाओं को तौला।
The Fed does not want to induce a recession but is there any choice?
“There is no sign I can see of a broader slowdown in the economy…We are not trying to induce a recession,” Federal Reserve Chair Jerome Powell.
Gold Price Outlook: Gold Strong Hurdle $1,885 | Focus Shifts To Fed
Gold Price (Yellow Metal) pulls back to $1,878, after rising to the highest levels since May 09, during Monday’s Asian session. The precious metal’s latest weakness could be linked to the US dollar’s broad gains ahead of this week’s Federal Reserve (Fed) monetary policy meeting, as well as the risk-off mood. Additionally, a short-term trend line resistance also challenges the bullion buyers.
Powell Says No Bond Taper for ‘Some Time’ as Recovery Moderates
Federal Reserve Chair Jerome Powell made clear the U.S. central bank was nowhere near exiting massive supportfor the economy during the ongoing coronavirus pandemic, as officials lefttheir benchmark interest rate unchanged near zero and flagged a moderating U.S. recovery.
Fed Sees Rates Near Zero Through 2023 to Boost Jobs, Inflation
Fed Sees Rates – Stocks erased gains amid a selloff in giant technology companies and Federal Reserve Chairman Jerome Powell’s remarks over an uncertain economic rebound without further stimulus.
FOMC Minutes – Welcomed Improvement In Financial Conditions With Many Market
According to the FOMC minutes, there has been a welcomed improvement in financial conditions with many market functioning indicators returning to pre-pandemic levels and “purchases were conducted at the minimum pace directed” as a result.