Gold Hits Record High, Fed Decision Looms
This week, gold prices surged to a record high, with markets focused on next week's Federal Reserve policy decision. Expectations of a rate cut have fueled demand for safe-haven assets.
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This week, gold prices surged to a record high, with markets focused on next week's Federal Reserve policy decision. Expectations of a rate cut have fueled demand for safe-haven assets.
With the labor market cooling and persistent inflationary pressures, the Fed is likely to lean toward a small rate cut at next week’s meeting.
In the 2024 US presidential debate, Trump and Harris clashed over key issues including tariffs, immigration, abortion rights, and the Gaza war, with tensions escalating as they outlined opposing positions.
Fed's Bostic warns delaying rate cuts risks labor market. U.S. stocks decline, VIX high, and rate cut expectations grow.
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Russia is ramping up military support for Iran, possibly including the delivery of S-400 air defense systems, in what many see as retaliation for U.S. military aid to Ukraine. Explore…