The Road to Achieving Confidence Months of assurances from Federal Reserve Chair Jay Powell about rate cuts in 2024 were abruptly abandoned last week. Powell openly acknowledged that it is likely to take longer than expected for the Federal Reserve to achieve its desired level of confidence in the economy. This significant shift in stance … Read more
Gold Reaches New All-Time High at Over $2,300 an Ounce Gold’s value surged to an unprecedented level, breaking the $2,300 per ounce mark, driven by the anticipation of an interest rate cut from the Federal Reserve this year, coupled with continued demand from central banks. This latest achievement was marked by bullion reaching a peak … Read more
Gold Prices Reach Record Levels Amidst Speculation on Fed’s Interest Rate Cut Gold prices have soared to new record-breaking heights, riding on a wave of renewed optimism triggered by indications of a potential interest rate cut by the Federal Reserve. The surge in prices is attributed not only to the geopolitical tensions we have been … Read more
Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation dip supports Fed’s cautious stance Inflation in the US is predicted to have shown gradual signs of abatement in the past month, signaling a glimmer of stability in the nation’s economy and reducing the … Read more
Former Treasury Secretary Steve Mnuchin Leads $1 Billion Deal to Rescue NYCB Regulators Support Injection of New Capital Former Treasury Secretary Steve Mnuchin is making a big bet that regulators don’t want NYCB to become the next SVB. He and an investor group completed their $1 billion deal to inject new capital into troubled lender … Read more
Daily Market Update – March 8 Daily Market Update – March 8 Stock Market Today: Dow, S&P Live Updates Breaking news from the financial world as the Dow Jones and S&P 500 show significant activity throughout the day. Stay ahead with the latest market movements and economic indicators. European Futures, Asian Stocks Up Pre-US Jobs … Read more
The Latest Updates on Stock Markets, Asian Shares, and Global Investors Stock Market Today: Dow, S&P Live Updates for March 7 In a recent turn of events, the stock market is currently experiencing fluctuations with the Dow and S&P indexes. March 7, 2022, is witnessing significant market movements impacting various sectors. Find out the live … Read more
Article Fed Chairman Jerome Powell Indicates No Rush to Cut Interest Rates Introduction Stock futures have risen while bond yields have fallen following remarks by Jerome Powell, the Federal Reserve Chairman. In his testimony to a House panel, Powell emphasized that the Federal Reserve is not yet prepared to cut interest rates, although a reduction … Read more
Highly Respected News Website Stock Market Today: Dow, S&P Live Updates for March 5 China Aims for Economic Transformation with Ambitious Growth Target Setting the Stage for Economic Advancement In a bid to revitalize its economy, China has unveiled a groundbreaking plan to reshape its economic landscape and pursue ambitious growth targets. Pledging to bolster … Read more
Stocks in Asia Advance on Strong Performances of Technology Companies Stocks in Asia Advance on Strong Performances of Technology Companies Stocks in Asia broadly advanced on rallies in some of the world’s largest technology companies during a week that includes Federal Reserve boss Jerome Powell’s congressional testimony and China’s National People’s Congress. Technology Companies Lead … Read more