Tag: interest rates
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Gold Hits Record Above $3,600 as Fed Rate Cut Nears
Weak U.S. jobs data fuels investor demand for bullion
Gold prices soared to a new all-time high on Monday, surpassing the symbolic $3,600 mark as...
Trump threatens to fire Fed Governor Lisa Cook
Cook faces scrutiny over mortgage allegations
President Donald Trump said Friday he would fire Federal Reserve Governor Lisa Cook if she does not resign, intensifying...
Gold Futures Climb Ahead of Fed Speech
Gold prices opened higher on Monday as investors awaited signals from the Federal Reserve. Futures gained 1.4% compared to Friday’s close, reflecting growing attention...
U.S. Job Growth Slows Sharply in July, Unemployment Rises
Labor market cools as Trump tariffs weigh on business hiring
The U.S. labor market showed clear signs of strain in July as nonfarm payrolls rose...
Fed Holds Rates Steady Despite Trump’s Pressure
Central Bank Resists Political Push for Cuts
The Federal Reserve is expected to keep interest rates unchanged this week, maintaining its cautious stance amid political...
