Breaking: Fed Plans Fewer Rate Cuts in 2025
Published: Friday, 20 December 2024 03:50 | 
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Fed's hawkish stance, government shutdown concerns, and Saxo Bank's bullish silver outlook shape this week's precious metals landscape.
"2025 Could Be The Last Year For GOLD Under $3000" - Alan Hibbard
Published: Thursday, 19 December 2024 03:19 | |
| In this insightful discussion, Alan Hibbard of GoldSilver.com and Kurt Nelson of SummerHaven Investment Management share why 2025 might be a pivotal
Government Shutdown Looms as Trump-Musk Alliance Sways GOP
Published: Thursday, 19 December 2024 12:26 | |
| A last-minute intervention by Donald Trump and Elon Musk has upended Congressional efforts to avoid a government shutdown. Using social media, they rallied opposition to a bipartisan spending deal, forcing House Speaker Mike Johnson to reconsider the proposal. The episode highlights Musk's growing political influence and previews potential challenges for the incoming Trump administration.
Fed Cuts Rates, Signals Slower Pace for Future Reductions
Published: Thursday, 19 December 2024 10:23 | |
| The Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5%, marking its third consecutive rate reduction in 2024. However, Fed Chair Jerome Powell signaled a more cautious approach to future cuts, indicating fewer reductions in 2025. This announcement led to a market reaction, with stock prices falling and Treasury yields surging. The Fed's decision reflects its ongoing efforts to balance economic growth with inflation control.
Gold's Tug-of-War: Fed Policy vs. Economic Uncertainty
Published: Thursday, 19 December 2024 10:16 | |
| Gold prices edged higher Thursday, recovering from recent lows as traders reassessed the Federal Reserve's latest policy stance. The precious metal's rebound comes amid a complex economic landscape, with investors balancing the Fed's hawkish signals against ongoing geopolitical uncertainties and upcoming U.S. economic indicators.