After soaring over 50% this year, gold faces its biggest correction in more than a decade as traders weigh Fed policy and uncertain US-China relations.
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Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt climbed after the heads of US Federal Reserve and the Bank of Canada damped ...
With SOFR at 4.04% and IORB at 3.9% on October 30, the spread between them was 14 bps, which was slightly narrower than on October 28, when it reached 16 bps. Read more here.
While markets still price in a high probability of a December cut, new rhetoric from inside the Fed suggests the bar is rising.
A money market account is a savings tool that combines competitive interest rates with greater flexibility than traditional ...
After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...
A clutch of Federal Reserve bank presidents on Friday aired their discomfort with the U.S. central bank's decision to cut ...
Three Federal Reserve officials said they did not support the U.S. central bank’s decision to cut interest rates this week, citing inflation that remains too high. Federal Reserve Bank of Cleveland ...
A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was "too high" for comfort.
Federal Reserve Governor Christopher Waller said the US central bank should continue cutting interest rates at its next meeting in December, citing the risk of a continued slowdown in hiring.