Gold set for a weekly drop as traders assess Fed signalsGold prices were largely steady on Friday and were on track for a weekly loss as traders weighed the prospect of further Federal Reserve rate hikes this year following a run of hotter-than-expected US inflation data.Reuters2d agoWhole story →Economyfed rate hike decision
Warsh signals steady Fed outlook despite inflation jumpFederal Reserve chairman Kevin Warsh said Friday that the economy has largely performed as expected since September's rate hike, hinting that little has changed in the central bank's outlook. Why it matters: The Fed is weighing another interest rate increase later this month as inflation heats up and the economy remains strong. What they're saying: "Over…Axios3d agoWhole story →Economyfed rate hike decision
Fed chair Warsh says price stability is key but shies away from signals about ratesU.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings.WDIV ClickOnDetroit3d agoWhole story →Economyfed rate hike decision