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Gold Holds Gains With Haven Demand and Lower Yields in Focus

Gold edged lower, as traders waited for remarks by Federal Reserve Chair Kevin Warsh that could provide signals as to the central bank’s next move on interest rates.

Sources (1)· Oct 15, 11:51 PM

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Bloomberg· Oct 15, 11:51 PMGold Holds Gains With Haven Demand and Lower Yields in Focus

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Fed officials view another rate hike as 'likely,' meeting minutes showThe majority of Federal Open Market Committee (FOMC) officials believed another rate hike was on the horizon this year, according to minutes from the panel’s last meeting the central bank released Wednesday. “With regard to the outlook for monetary policy beyond the current meeting, most participants assessed that another increase in the target range for...

The Hill9d agoWhole story →

Economy federal reserve meeting

Stubborn inflation sets stage for Federal Reserve to hike interest ratesFederal Reserve policymakers are expected to hike interest rates at this week's FOMC meeting, with a 92.5% chance of a 25 basis point increase amid stubborn inflation.

Fox Business1mo agoWhole story →

Economy federal reserve meeting

Federal Reserve: 1 Thing All Investors Need to Know Before Sept. 16One of the more talked-about economic topics over the past year has been inflation and the Federal Reserve's (Fed) response (or lack thereof, rather). During

EUROPE SAYS1mo agoWhole story →

Economy federal reserve meeting

Wall Street week ahead: Federal Reserve decision on interest rates, retail sales updateThe Federal Reserve and its interest rate policy will be the main focus for Wall Street this week. The central bank will close out its two-day meeting on Wednesday, and it could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That could…

The Atlanta Journal-Constitution1mo agoWhole story →

Commerce

Economy federal reserve meeting

Inflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hikeThe report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

CBS News1mo agoWhole story →

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