Estée Lauder hit by China weakness; Kashkari says Fed should discuss interest rate cut – business live
Rolling coverage of the latest economic and financial news
Gold has rallied by over 20% so far this year, as investors have piled into bullion.
Back at the start of January, it traded at around $2,060 per ounce, before climbing to its alltime high over $2,500.
The situation in the Israel-Iran-Hamas conflict remains fluid with Iran still expected to make a show of force in response to the recent assassination of Hamas’ political leader. Negotiations for a ceasefire have come to a standstill once again as the US Secretary of State Antony Blinken is visiting the region.
In the meantime, Ukraine’s attempt to reverse the fate of the Russian-Ukraine conflict by mounting an offensive in Russian territories is gathering momentum. However, the possible direct involvement of Belarus and the increased chances of an asymmetric response from the Russian side could potentially scare investors going forward.
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Tag: | Federal Reserve |
Topics
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MarketWatch - Business
2-year Treasury yield at lowest since September 2022 as Fed rate cut looms
U.S. Treasurys rallied Monday morning, pushing the 2-year Treasury yield further into its lowest since September 2022, as market-implied odds shifted in favor of a 50-basis-point interest-rate cut ...5 hours ago - Federal Reserve -
The Wall Street Journal - World
It's Too Close to the Election for the Fed to Cut Rates
There’s a reason the central bank almost never makes changes in the final months of a campaign.23 hours ago - Federal Reserve -
The Wall Street Journal - World
Fed Enters Tricky Terrain: Rate Cuts in a Decent Economy
Credit cards, mortgages and savings will be affected when the Federal Reserve makes its expected rate cut. The question this time is how, exactly.15 hours ago - Federal Reserve -
The Wall Street Journal - World
Gold Well Supported by Weaker U.S. Dollar, Fed Cut Expectations
Gold prices were broadly stable but still trading near record highs, supported by a weaker dollar and prospects of a long-awaited interest-rate cut by the Federal Reserve on Wednesday.10 hours ago - Federal Reserve -
The Wall Street Journal - World
Yen Might Gain if BOJ Signals Rate Rises
The yen could rise further as the BOJ is likely to leave interest rates unchanged on Friday but should continue to signal future rate increases, MUFG Bank said.7 hours ago -
The Wall Street Journal - World
Where to Put Your Money When the Fed Cuts Rates
What lower rates mean for the trillions of dollars in CDs and high-yield savings accounts.9 hours ago - Federal Reserve -
Inc. - Business
Will Rate Cuts Arrive Fast Enough to Ensure Fed's 'Soft Landing?'
The Federal Reserve Open Markets Committee meets this week and is likely to announce lower interest rates, but business owners wonder when they'll see benefits.3 hours ago -
The New York Times - Business
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.8 hours ago - Federal Reserve
More from The Guardian
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The Guardian - World
Sheriff’s office shares video of suspect arrest; FBI says suspect spent 12 hours in tree line of Trump golf club – live
Video posted to Facebook shows the arrest of the man suspected in the apparent assassination attempt of Donald Trump; FBI releases details on manhunt. Suspect charged as Trump accuses Biden and ...25 minutes ago - Donald Trump -
The Guardian - World
Death toll reaches 16 as ‘dramatic’ flooding in central Europe continues
Czech Republic, Poland and Austria fear worst may yet be to come as thousands are evacuated to higher ground. The death toll from torrential rain and flooding in central and eastern Europe has ...1 hour ago -
The Guardian - World
At least 16 killed in Israeli airstrikes on Gaza, Palestinian officials say
Five women and four children said to be among dead with strike hitting residential building in crowded Nuseirat camp. Middle East crisis – latest news updates At least 16 people have been ...2 hours ago - Israel -
The Guardian - World
French rape trial to resume after Dominique Pélicot health alarm
Trial of retired electrician, 71, and 50 other men had been adjourned while he was taken to hospitals for tests. The trial of Dominique Pélicot and 50 other men accused of rape will resume on ...37 minutes ago - France -
The Guardian - World
More than 200 inmates escape Nigerian prison in aftermath of flooding
Prisoners fled when the walls of their jail collapsed in the country’s worst flooding in two decades. More than 200 inmates escaped from a prison in north-east Nigeria in the aftermath of the ...1 hour ago