Browsing: Rate Cuts

Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends, and the job market.

Following Powell’s remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts.

As Wall Street grows bullish, gold prices might hit $3,000 next year, driven by geopolitical tensions and central bank buys.

As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession…