Federal Reserve Chairman Jerome Powell arrived to speak at the “Fed Listons” event last year. Eric Bardat / Agency France-Press / Getty Images Federal Reserve Chairman Jerome Powell and his colleagues at the central bank faced skepticism and opposition in an attempt to guide markets about the future path of …
Read More »‘The temptation to buy’
Jim Kramer of CNBC, who has been warning people for weeks to lock-in on the profits of some stocks, advised investors to find places to buy potentially in the wake of Monday morning’s sharp market sell-off. Expressing concern about Europe’s second coronavirus lockdown, Kramer said: “We’re landing on something that …
Read More »Fed favors inflation debate and sends message to market – no rate hike for years
Jerome Powell, chairman of the US Federal Reserve, speaks at a news conference after the Federal Open Market Committee (FOMC) meeting in Washington on February 29, 2020. Andrew Herrer | Bloomberg | Getty Images The Fed doesn’t expect inflation to rise for years, and is willing to keep rates at …
Read More »Gold price stability stable to weak PCE inflation data
Editor’s Note: Stay tuned for daily news with so much market volatility! Stay up to date with our quick summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market holds on its early morning gains almost 2% upwards, even if inflationary pressures remain …
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