Bond traders are entering Wednesday’s Federal Reserve decision with strong expectations that the US central bank will raise interest rates.
inflation
Gold Consolidates as US-Iran Tensions and Hawkish Fed Outlook Limit Price Gains
Gold (XAU/USD) trims gains after opening the week with a bullish gap as buyers lack conviction amid conflicting US-Iran headlines and caution ahead of key US employment data. At the time of writing, XAU/USD trades around $4,036, easing from an intraday high of $4,084.
Federal Reserve Expected to Hold Interest Rates as Hike Pressure Builds
The US Federal Reserve is widely expected to leave its key interest rates unchanged in its upcoming policy meeting. While inflation has eased compared to previous years, some experts believe the central bank may need to consider another rate hike if price pressures increase again.
Why Gold Price Dropped Today: War Fears & Crude Oil Impact
Find out why spot gold prices dropped sharply today after hitting a 2-week high. Learn how the Middle East conflict and rising Brent Crude affect gold in India.
Oil Prices Rise Again: Is $95 Crude the New Normal? Impact on Indian Stock Market
Oil prices are climbing once again, creating fresh worries for investors and oil-importing countries like India. After a brief fall in crude prices, tensions in the Middle East have pushed Brent crude back towards the $87-$88 per barrel level.