Gold took a tumble yesterday in sync with wider equities markets following the interest rate announcement by the Federal Reserve. Sentiment towards gold was rather bullish ahead of the 25 point rate...
Interest Rates
Is the Fed losing control of rates as Trump’s influence appears to grow?
This evening will see the Federal Reserve decide on whether to increase US interest rates for the fourth time this year. The consensus is that the federal funds rate will be hiked by another quarter...
Speedy Fed rate hike path risks imminent US recession, warns Guggenheim’s Minerd
With the Fed expected to raise rates again next month after already raising them twice this year, Guggenheim Partners’ investment chief Scott Minerd has warned the central bank is at risk of pushing...
Bank of England announces interest rates to remain unchanged
The Bank of England has opted to maintain interest rates at 0.5%. This follows last Novembers rate hike which was its first since 2007. The FTSE100 has been under pressure over the past few sessions...
Fed sticks to three rate hike plan for 2018 in new chair Powell’s debut policy meeting
Indices around the world edged down slightly today after the US Federal Reserve stuck by forecasts that it will lift interest rates three times in 2018. As expected, new Fed chair Jerome Powell...
Did inflation worries cause a buying spree of Gold? (GC)
Inflation has been at the back of investors’ minds for much of the duration of the current Bull Market. However, on Wednesday the US Bureau of Labor Statistics announced an increase of the Consumer...