Federal Reserve Chair Jerome Powell opened the door to a September rate cut on Friday, saying in a speech in Jackson Hole that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”
Rate Cut
Today Powell speech at Jackson Hole Symposium, key takeaways (2025)
US Federal Reserve (Fed) Chair Jerome Powell said that they will adopt a new policy framework of flexible inflation targeting and eliminate the ‘makeup’ strategy for inflation, while delivering a speech on ‘Economic Outlook and Framework Review’ at the annual Jackson Hole Economic Symposium.
Why Silver Prices Are Skyrocketing, Silver prices hit a 12-year high
Silver prices hit a 12-year high of $35.60 per ounce due to weak US economic data and expectations of a Federal Reserve rate cut. Learn why silver is surging and what’s driving market trends.
US Fed meeting: No change in rates, US markets fall after announcement
US Fed meeting: The process of rate cuts in the US has stopped for the time being. In the Federal Reserve meeting held on Wednesday, January 29, it has been decided not to make any change in the rates. This decision has been as per the market estimates. After the decision of the central bank, the rates will remain in the range of 4.25 percent to 4.5 percent.
Gold prices hit one-month low amid strong US dollar; check latest prices in your city
Gold prices fell for the third day in a row, declining by ₹1,470 per 10 grams in early trade on Wednesday, November 13, due to a stronger US dollar in global markets. The American currency traded near three-month high levels ahead of the key inflation data which could give cues about possible rate cuts by the US Federal Reserve.
Gold’s Decline Remained Capped Due to Expectations of Federal Reserve Cutting Interest Rates in September
Gold prices fell on Wednesday as the US dollar and Treasury yields strengthened, while the prospect of the Federal Reserve cutting interest rates in September limited further downside.
2019: The year the Federal Reserve admitted it was wrong
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.