Silver (XAG) Forecast: Is Silver Set to Test $32.52 if the Fed Goes Big on Rate Cuts? – FX Empire
Inflation data and jobless claims trigger interest rate cut Several major U.S. economic reports released last week supported expectations of a Fed rate cut. The Consumer Price Index (CPI) rose 0.2% in August, in line with expectations. Core inflation rose 0.3%. The Producer Price Index (PPI) also rose 0.2%, reflecting easing inflationary pressures. Additionally, jobless […]
2 Fixed-Income ETFs to Consider Before the Fed Cuts Rates – The Motley Fool
Now is a great time to buy long-term bonds, and there are two ways to do so. The Federal Reserve appears on track to cut interest rates for the first time since 2020 at its policy meeting in late September. Rate cuts are expected to continue through 2025, with the median forecast at the time […]
S&P 500 rallies back to old highs, setting up Fed meeting to be make or break moment – CNBC
There are times when market aspirations and intentions are puzzling. But there are also times, like now, when what the market believes it wants is pretty transparent. Recent moves suggest that the stock market is seeking assurances that the economy is avoiding a trough, that Treasury yields will not fall any further, that the AI […]
Ex-Hochul, Cuomo aide accused of being Chinese spy went on White House tour— while under fed investigation
It's Mr. Sun who is going to Washington. A Chinese spy who allegedly infiltrated the New York governor's office was able to break into the White House while under federal investigation, The Washington Post has learned. Linda Sun's tour of the presidential residence came just two months before the FBI raided her glitzy $3.5 million […]
Gold (XAU) Price Forecast: Will a Super-Sized 50-bp Fed Rate Cut Push Gold to $2,600? – FX Empire
US Dollar and Bond Yields Support Gold Rise Despite the rise in gold prices, the US Dollar Index rose slightly this week, closing at 101.114, up 0.07%. However, expectations of future interest rate cuts have kept the dollar's momentum in check, and gold prices have held steady. Additionally, bond yields have fallen, with the 10-year […]
The Fed Does Not Need to Rush to Cut Rates
The market wants bigger profits Someone call the vice principal to enforce discipline! The markets are blackmailing the Federal Reserve again. Economic data earlier this week dashed market hopes that the Fed might cut interest rates by 50 basis points. Consumer Price Index The Consumer Price Index (CPI) was in line with expectations, but core […]
Fed up business owners sue California city over homeless encampments — used syringes, human waste, rats
A group of California small business owners filed a lawsuit against the city of Berkeley this week, alleging that the streets around their businesses are overrun with homeless encampments littered with used syringes, human waste and rats. The lawsuit was filed in Alameda County by eight businesses, including a brewery, a winery, a set construction […]
Dow nears record as hopes for bigger Fed rate cut revived
The Dow Jones Industrial Average rose more than 400 points on Friday, approaching an all-time high, as investors reassessed the possibility of further interest rate cuts by the Federal Reserve next week. The Dow Jones Industrial Average rose 379 points, or 0.9%, to 41,476 in recent trading. It closed at a record high of 41,563.08 […]
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
Inflation is slowing and the Fed is likely to cut interest rates in September. (iStock) Annual inflation continued to rise slowly in August toward the 2% target rate set by the Federal Reserve. Consumer Price Index The Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). Prices rose 2.5% year-on-year in August, […]
Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap – Yahoo Finance
(Bloomberg) — Wall Street traders revived expectations of a half-point interest rate cut by the Federal Reserve next week, prompting a shift in funds into stocks that would benefit most from easier policy. Most read articles on Bloomberg Economically sensitive stocks outperformed the big tech companies that have driven the bull market rally, with the […]