Gold Surpasses $5,000 Per Ounce in Remarkable Market Surge
Gold just cleared $5,000 per ounce for the first time, a milestone that says as much about confidence and policy risk as it does about the metal itself.
federal reserve
Gold Surpasses $5,000 Per Ounce in Remarkable Market Surge
Gold just cleared $5,000 per ounce for the first time, a milestone that says as much about confidence and policy risk as it does about the metal itself.
Powell says DOJ threatened Fed indictment over headquarters renovation
Jerome Powell says prosecutors threatened a criminal indictment tied to his Senate testimony about the Fedโs $2.5 billion headquarters renovation, and he claims the real aim is political pressure on interest rates.
The Fed Just Admitted the Job Market Is Worse Than Official Data Suggests
The official government data paints a picture of a labor market that is cooling but resilient, with steady, albeit modest, job growth. But on Wednesday, Federal Reserve Chair Jerome Powell signaled a far more somber reality: once the statistical dust settles, the true picture of the American economy may be one of job destruction, not creation.
How The Fed Cut Could Save Homebuyers Tens of Thousands in Interest
The Federal Reserve today cut its benchmark policy rate by a modest 0.25%. This move signals a pivot in monetary policy, but internal discord was immediate and vocal.