(Bloomberg) — The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers.
US Economy
Trump Calms Global Markets as ‘Buy America’ Trade Trend Gains Momentum
Buy America Trade: Global financial markets showed signs of relief after former US President Donald Trump sent calming signals to investors, helping reduce recent uncertainty. His comments supported confidence in the US economy and triggered a fresh wave of interest in America-focused investments, widely known as the “Buy America” trade.
Trump Proposes 10% Cap on US Credit Card Interest Rates for One Year from January 20
Trump credit card interest rate cap: Former US President Donald Trump has called for a temporary cap on credit card interest rates in the United States, saying American consumers are paying unfairly high charges.
Fed Meeting Live: US Federal Reserve Likely to Cut Interest Rates for 3rd Time This Year, 2026 Outlook Key
US Federal Reserve meeting live updates: The Fed is expected to cut interest rates for the third time this year. Markets are closely watching the 2026 economic forecast and future policy guidance. Stay tuned for the latest updates.
US Fed Split: Why Long-Term Rate Plan Fight Matters
After cutting interest rates by more than a percentage point, Federal Reserve officials are now wondering where to stop – and finding there’s more disagreement than ever.
In the past year or so, prescriptions for where rates should end up have diverged by the most since at least 2012, when US central bankers started publishing their estimates. That’s feeding into an unusually public split over whether to deliver another cut next week, and what comes after that.
Fed’s Kashkari Warns: US Inflation Still Too High at 3%, Rate Cuts Unlikely Soon
Federal Reserve Bank of Minneapolis President Neel Kashkari gave a speech at the Opportunity & Inclusive Growth Institute’s Research Conference hosted by the Federal Reserve (Fed) Bank of Minneapolis on Thursday, in which he talked about the labor market and inflation.
Gold Prices Surge to Three-Week High as Dovish Fed Outlook Outweighs US Government Reopening Optimism
Gold Prices Today: Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt the US Federal Reserve (Fed) to lower borrowing costs further in December. The outlook fails to assist the US Dollar (USD) in attracting any meaningful buyers and should continue to offer some support to the non-yielding yellow metal.