Gold prices recovered and moved higher on Thursday after the latest US inflation data came largely in line with market expectations. The report reduced immediate concerns about aggressive interest rate hikes by the US Federal Reserve, causing both the US dollar and Treasury yields to decline.
US Economy
Jerome Powell बने Fed के कार्यवाहक चेयरमैन, Kevin Warsh जल्द संभालेंगे कमान
Jerome Powell बने Fed के कार्यवाहक चेयरमैन, Kevin Warsh जल्द लेंगे शपथ: अमेरिका के केंद्रीय बैंक Federal Reserve में बड़ा बदलाव देखने को मिला है। शुक्रवार को Jerome Powell का आधिकारिक कार्यकाल खत्म हो गया, लेकिन नए चेयरमैन के शपथ लेने तक उन्हें कार्यवाहक चेयरमैन बनाया गया है।
Tense Fed Signals Interest Rate Hold, Leads Global Central Banks
(Bloomberg) — The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers.
Trump Calms Global Markets as ‘Buy America’ Trade Trend Gains Momentum
Buy America Trade: Global financial markets showed signs of relief after former US President Donald Trump sent calming signals to investors, helping reduce recent uncertainty. His comments supported confidence in the US economy and triggered a fresh wave of interest in America-focused investments, widely known as the “Buy America” trade.
Trump Proposes 10% Cap on US Credit Card Interest Rates for One Year from January 20
Trump credit card interest rate cap: Former US President Donald Trump has called for a temporary cap on credit card interest rates in the United States, saying American consumers are paying unfairly high charges.