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Gold Declines as Market Weighs Chance of Another Fed Rate Cut
  • Finance

Gold Declines as Market Weighs Chance of Another Fed Rate Cut

Cs news7 months ago7 months ago03 mins

(Bloomberg) — Gold declined as traders weighed the chances of another Federal Reserve interest-rate cut before the end of the year. Bullion traded near $4,040 an ounce after a modest weekly loss. Several US central bank officials sounded a cautious note on monetary policy, though New York Fed President John Williams said he sees room…

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The 2 Fed comments that are boosting odds of a December rate cut
  • Finance

The 2 Fed comments that are boosting odds of a December rate cut

Cs news7 months ago7 months ago09 mins

Odds for another interest rate cut jumped Friday after New York Fed president John Williams signaled he could support a cut when the central bank meets in December. “I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy…

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