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Articles for tag: bets, cut, Fed, fresh, gold, high, hits, rate, record, scales, silver, top

December 22, 2025

News Desk

Gold hits record high on Fed rate cut bets. silver scales fresh top

Gold bracelets are displayed inside a gold shop in Chinatown, Bangkok, Thailand, October 9, 2025. — Reuters Gold hit an all-time high of $4,391.92. Silver hits a record high of $69.23/oz. Platinum hits 17-year high. Gold prices surged to a record high on Monday, responding to rising expectations of further US interest rate cuts and strong safe-haven demand, with silver also joining the rally to hit an all-time high. Spot gold was up 1.2 percent at $4,391.92 an ounce, while silver was up 2.7 percent by 03:44 GMT to hit an all-time high of $69.23. Gold has gained 67% so

December 11, 2025

News Desk

Divided US Fed makes third straight rate cut on jobs risks

A trader works as a monitor broadcasts a press conference by US Federal Reserve Chairman Jerome Powell following the Fed’s interest rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 10, 2025. — Reuters The quarterly cut takes interest rates to a range of 3.5-3.75%. Three Fed officials disagree, exposing the deepest political rift. 2026 GDP forecasts increased, inflation expectations eased. The divided U.S. Federal Reserve cut interest rates on Wednesday for the third straight time this year, exacerbating worries about the labor market even as inflation remained elevated as President Donald

December 10, 2025

News Desk

Divided Fed cuts rates, signals pause, one cut in 2026 as growth recovers

Fed cuts rates in split vote, but signals pause as inflation remains elevated, labor market uncertain The U.S. Federal Reserve cut interest rates on Wednesday in another divided vote but indicated it would likely hold off on further cuts in borrowing costs as the U.S. central bank seeks clearer signals on the direction of the labor market and inflation that “remains somewhat elevated.” New forecasts issued after the Fed’s two-day meeting showed the median policymaker sees only a quarter-percentage-point cut in 2026, the same outlook as in September, with inflation expected to slow to around 2.4% by the end of

November 25, 2025

News Desk

Kazakhstan collector keeps recorders that fed Soviet bootlegs

Almaty museum keeps alive the story of how banned Western music traveled into Soviet homes ALMATY: For two decades, Andrei Klimenko has been amassing a collection of Soviet-era reel-to-reel tape recorders for a small museum he runs in Almaty, Kazakhstan’s largest city. Western music was officially banned in the Soviet Union, but enjoyed widespread popularity, with tape recorders used to make bootlegs of popular foreign acts of the time, from Michael Jackson to Bob Marley. The Soviet Union, of which Kazakhstan was a part, collapsed in December 1991. Klimenko, 58, said the Soviet-era craze for tapes meant his generation of

November 4, 2025

News Desk

Divided US Fed supports rate cut for Q2 2025

A view of the facade as construction continues on the Federal Reserve Board Building during the Federal Open Market Committee meeting on interest rate policy at the Federal Reserve in Washington, DC, U.S., September 17, 2025. — Reuters The U.S. Federal Reserve on Wednesday announced its second straight quarterly interest rate cut to bolster a buoyant labor market, in a move that highlighted growing divisions within its ranks. Policymakers voted 10-2 to cut the bank’s key lending rate to between 3.75 percent and 4 percent, the Fed said in a statement. Opposing the action were Fed Governor Stephen Miran, who

September 19, 2025

News Desk

US Fed makes the first 2025 interest rate reporting the labor market risks

The view of the facade, as the construction continues in the Federal Reserve Federal Council building during a meeting of the Federal Open Market Committee on Federal Reserve in Washington, DC, USA, September 17th 2025. Fed cuts for the first time in nine months. Fed Powell’s chair insists on the independence of the Fed. Separated between employees for more cuts. Washington: The US Federal Bank of the US reduced Wednesday on Wednesday for the first time this year, reporting a slower increase in employment and increasing employment risks, as policy -makers resulted in increased pressure from President Trump. The Fed

September 18, 2025

News Desk

American Fed makes the first reduction of interest rate 2025 for employment risks

WASHINGTON: The US Federal Bank on Wednesday reduced interest rates for the first time this year, pointing out the slower profits from work and employment risks, as policy -makers are facing increased pressure under President Donald Trump. The Fed cut the reference rate by 25 basis points in a series of 4.0 % and 4.25 %, while the pencil in two more possible cuts this year. Fed President Jerome Powell stressed that the Central Bank remains “strongly committed” to maintaining its independence by politics when asked about adding a key adviser to Trump between its ranks this week. He added

September 14, 2025

News Desk

Nasdaq hits a record, traders are waiting for Fed meeting

San Francisco: Nasdaq set a record high near Friday in a mixed transaction, raised by Microsoft as investors examined a Federal Reserve policy meeting next week, when it is widely expected to reduce interest rates to deal with the job market slowdown. Tesla’s supply and other technology -related reserves, Nasdaq added to a rally in the previous session that saw all three markers hit all the high levels. Investors focus on the Fed meeting on Tuesday and Wednesday. Traders expect the Central Bank to reduce interest rates by 25 basis points, as recent data have shown long -term inability to

August 27, 2025

News Desk

Trump says he shoots the Fed cook by allegations of loan mortgages

The Federal Reserve Lisa Cook’s federal commander attends the Federal Bank of the Bank of Kansas City 2025 Jackson Hole Economic Symposium, Jackson Hole, Wyoming, USA, August 23. Trump says he has a “cause” to remove the cook. The first attempt to remove the commander could face the court challenge. The additional seat of the boat could add to Trump’s influence on the Fed. New York/Washington: US President Donald Trump said on Monday that it was shot by Federal Reserve Lisa Cook for suspended immobilization for housing loans, an unprecedented step that could test the limits of the presidential authority

June 19, 2025

News Desk

American Fed keeps interest rates unchanged

WASHINGTON: The US Federal Bank of the United States has held fixed interest rates for a fourth consecutive meeting on Wednesday, anticipating higher inflation and cooler growth this year, as President Donald Trump’s invoices are starting to undertake and swirl geopolitical uncertainty. Fed President Jerome Powell told reporters that the Central Bank would make better decisions if it had been waiting for a few months, the signaling of the next interest rate reduction could take some time to implement. The Fed maintained the report interest rate of between 4.25 % and 4.50 % at the end of its two -day

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