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Gold falls after Fed expects slower pace of future rate cuts
Gold prices fell on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled a slower pace of cuts in the future, and chair Jerome Powell said the central bank is expecting a "meaningful amount of inflation" in coming months.
The US Fed's Federal Open Market Committee (FOMC) decided to keep the benchmark interest rates unchanged at 4.25% to 4.5% due ...
The Federal Open Market Committee (FOMC) announced its decision to hold the federal funds rate steady within a target range ...
The 30-stock Dow lost 44.14 points, or 0.10%, and ended at 42,171.66. The S&P 500 slipped 0.03% to close at 5,980.87, and the ...
Gold price comes under renewed selling pressure despite a combination of supporting factors.
Gold price has been in a strong rally this year, helped by soaring safe-haven demand amid rising risks. What next after ...
Gold slips after Fed signals prolonged rate stance. No rate cuts soon means near-term headwinds for XAU/USD despite longer-term bullish fundamentals.
Even when the Fed believes the US economy has defied all shocks time after time and is currently solid, it decided to keep ...
Gold price has declined for the second successive day on profit taking after a recent rally. The commodity traded at $3,380 ...
Gold price holds near $3,450 as traders await Fed decision; Middle East tensions and central bank demand offer strong support for gold’s bullish outlook.
Detailed price information for Gold/Canadian Dollar (XAUCAD) from The Globe and Mail including charting and trades.
The Federal Reserve officials stuck to their interest rate expectations this week, but shifted their economic outlook in ...
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