Powell focused on separating ‘signal from the noise’ amid policy uncertainties
Federal Reserve Chairman Jerome Powell said Friday that the central bank is working to separate “signals from noise” to develop financial policies amid the gust of new initiatives and policy announcements from the Trump administration in the first weeks of his inauguration. “The new administration is in the process of implementing important policy changes,” Powell […]
Trump faces new economic uncertainties amid trade battles
President Trump faces growing concern among business leaders, prior to his new administration's first employment report. Many economic forecasts show that the US has seen a slight increase in unemployment rate last month, adding around 150,000 jobs. But Trump's new tariffs, massive firing of federal workers, increased inflation and slowing economic growth will overturn the […]
XAU/USD outlook: Gold rises further on uncertainties over US trade policies, weaker Dollar – FXStreet
XAU/USD Gold prices hit a new multi-week high early Wednesday, extending Tuesday's 1.4% rise. The short-term move is largely supported by renewed uncertainty over President Trump's trade policy, which has led to a weaker dollar, and strong safe-haven demand amid widespread expectations that the Fed will maintain policy. Interest rates will remain unchanged at next […]