Will interest rates rise in 2021? Powell Says No Rate Hike, No Taper. Investors sold U.S. dollars after Federal Reserve Chairman Jerome Powell made it very clear on Tuesday that there will be no interest rate hikes or tapering in the foreseeable future.
Read moreWill interest rates rise in 2021? Powell Says No Rate Hike, No Taper
Gold prices edged higher on Monday, supported by worries over surging coronavirus cases, while an uptick in risk appetite among investors limited upside for the safe-haven metal.
Read moreGold Prices Ticks Up as Virus Fears Counter Gains in Equities
The bank said that a deep and prolonged recession would warrant negative interest rates, as asset purchases and forward guidance from the Fed would likely not “fill the gap,” unless it started to buy risky assets like stocks. The argument for cutting interest rates below zero is the same as cutting interest rates above zero: …
The Federal Reserve is on deck to release its January 2020 FOMC interest rate decision today at 19:00 GMT. Details provided by the US central bank will likely be examined closely by market participants for clues on changes in language communicated by Fed officials regarding their relative hawkish or dovish leaning.
Read moreFederal Reserve January 2020 FOMC Interest Rate Decision Today – Gold Silver Reports
The Federal Reserve said Wednesday that it would keep the benchmark interest rate at its current range of 1.5%-1.75%, a widely expected decision that ends the Fed’s rate-cutting streak.
Read moreFederal Reserve Keeps Interest Rates Unchanged – Gold Silver Reports
The Federal Reserve and its leaders have done something unusual in 2019 for central bankers. They admitted they were wrong in their short-term and long-term outlook for the U.S. economy.
Read more2019: The year the Federal Reserve admitted it was wrong