Metals Stocks Gold Drifts Lower As Traders Gauge Fed S Rate Path
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Gold Rallies to Highest Point in Two Weeks as Fed Rate Cut Hopes Grow
Gold rose to its highest price since late April’s crash on renewed hopes for Federal Reserve interest-rate cuts, lower treasury yields and a weakened dollar.The Wall Street Journal - World - Federal Reserve -
Gold prices soar to best level in weeks as weak jobs data drives rate-cut hopes
Weak weekly jobless claims has pushed more hopes for Fed rate cuts, driving gold prices to levels not seen in weeks on Friday.MarketWatch - Business -
Gold prices climb to 3-week highs as ‘soft’ U.S. data support rate cuts this year
Gold futures were climbing sharply on Friday, looking to tally their first weekly gain in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.MarketWatch - Business -
Business rate rise causing 'hurricane' say traders
A cut in Welsh business rate relief is branded "unfair" by some companies in retail and hospitality.BBC News - Top stories -
Why Higher Fed Rates Are Not Totally Off the Table
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.The New York Times - Business - Federal Reserve