After the unexpected 50 basis point rate cut in September, market participants have turned their attention to the performance of the US economy to gauge the likelihood of further cuts. This focus aligns with the Federal Reserve’s shift toward monitoring the labor market, although inflation, especially excluding food and energy costs, is proving more stubborn than before.
economic growth
Fed to Begin Cutting Interest Rates, Signal Next Steps
The Federal Reserve (Fed) is widely expected to lower interest rates this week after holding borrowing costs at a two-decade high for more than a year.
ईसीबी और फेड ने सितंबर में संभावित कटौती से पहले मिनट प्रकाशित किए
इस सप्ताह सभी की निगाहें वायोमिंग के पहाड़ों पर होंगी, जहां फेडरल रिजर्व (Federal Reserve) की जैक्सन होल संगोष्ठी होगी, यह हर साल नोबेल पुरस्कार विजेता अर्थशास्त्री को काउबॉय हैट में देखने का सबसे अच्छा मौका है।
China Lowers Growth Target and Cuts Taxes as Economy Slows
China lowered its goal for economic growth and announced a major tax cut, as policymakers seek to pull off a gradual deceleration while grappling with a debt legacy and the trade standoff with the U.S.
Gold Is One Wealth Fund’s Escape From Geopolitics, Credit Risk
Known as Sofaz, the fund is looking to almost double its holdings of the precious metal in 2019 to 100 tons after resuming purchases in 2018 following a five-year break.
Gold Poised for Weekly Gain as Global Jitters Boost Haven Demand
Gold is headed for a third weekly gain after turbulent equity markets sent investors hunting for haven assets amid global growth concerns. Futures breached $1,300 an ounce in New York and spot gold flirted with the level in early London trading, before dropping back as stocks in Europe and Asia recovered some of their losses ahead of fresh trade negotiations between the U.S. and China next week.
Fed Raises Rates, Turns More Cautious on Outlook for 2019 Hikes
Following the decision, stocks erased gains, 10-year Treasury yields fell and the dollar bounced off its lows of the day. Investors may have been swayed by the Fed’s generally upbeat analysis and expectation of more rate increases than markets anticipate.
![Fed-Speak: Rate cuts coming [09-09-2024]](https://www.goldsilverreports.com/wp-content/uploads/2017/09/Fed-neal-bhai-reports.jpg)
Fed is Expected to Raise Interest Rates Wednesday
The Fed is expected to raise interest rates Wednesday by a quarter point, and the pressure is on for Fed Chairman Jerome Powell to sound dovish — but not too dovish. Fed officials are also expected to revisit their fed funds rate forecasts and roll back some of the rate hikes expected in the next several years.
Draghi Introduces the GDP and Inflation Outlook for the Euro Area
Despite the slight downgrade, Draghi tried to strike an optimistic tone, saying during the question-and-answer portion of the press conference that drivers of economic growth are still in place.
India Growth Forecast Cut by Fitch Amid RBI-Government Spat
Economic growth may become a casualty of the tug-of-war between India’s government and its central bank.