Tag: Federal Reserve
Gold Pulls Back From Record Highs as Trump Eases Iran, Fed...
Gold prices slipped during Asian trading on Thursday after posting three straight record highs, as easing geopolitical and monetary policy concerns reduced demand for...
Bitcoin Jumps on Strong Spot ETF Inflows, $105K Target Still Elusive
Bitcoin has regained momentum as inflows into spot Bitcoin ETFs resume, but market data suggests bulls may struggle to drive prices toward the $105,000...
Trump Denies Plans to Remove Fed Chair Powell Despite DOJ Probe
U.S. President Donald Trump said on Wednesday that he has no intention of dismissing Federal Reserve Chair Jerome Powell, despite the Department of Justice...
Dollar Steadies After Recent Losses; Yen Weakness Persists
The U.S. dollar steadied on Wednesday as investors awaited another round of key inflation data, while the Japanese yen slid to its weakest level...
Gold Hits Fresh Record on Iran Tensions; Silver Breaks $90
Gold prices advanced on Wednesday, reaching fresh record highs as escalating geopolitical tensions in Iran strengthened demand for traditional safe-haven assets.
By 10:00 ET (15:00...
Wall Street Slips With Big Bank Earnings in Focus
Wall Street’s major indexes fell for a second consecutive session as investors digested earnings from large U.S. banks, while fresh data on retail sales...
Strategy Purchase Lifts Bitcoin Above $95K, but Rally Proves Short-Lived
Bitcoin advanced on Wednesday after major corporate holder Strategy Inc revealed a sizable new purchase of the cryptocurrency. However, the rally lost some momentum...
Japan Election Jitters Push Yen to 18-Month Low; China Trade in...
Most Asian currencies traded in a narrow range on Wednesday, as stable U.S. inflation data reinforced expectations that the Federal Reserve will still move...
U.S. Inflation Holds Steady in December
U.S. headline inflation held steady in December, while underlying price pressures showed signs of easing, reinforcing expectations that inflation is gradually cooling.
Consumer prices increased...
Financial Leaders Back Powell as Trump Pressure on Fed Grows
Global central bank leaders and senior Wall Street bank executives publicly rallied behind Jerome Powell on Tuesday, underscoring broad support for the Federal Reserve...
