Browsing: Jerome Powell

Gold prices touch record high after Powell’s comments

2 Mins ReadApril 4, 2024

Spot gold was up 0.1% at $2,300.53 per ounce Gold surged to a record high on Thursday, as Federal Reserve…

US Inflation Suggests Need to Accelerate Rate Hikes, Fed Chief Powell Says

2 Mins ReadJune 22, 2022

The unyielding inflation growth in the United States suggests that the Federal Reserve needs to accelerate rate hikes, probably even…

US stocks sink to lowest in a year

1 Min ReadJune 16, 2022

The market drops to bear territory following the Federal Reserve’s historic rate hike US stocks plummeted on Thursday, with the…

Fed Raises US Interest Rate by 75 Points, Biggest Hike in 28 Years

2 Mins ReadJune 15, 2022

The US Federal Reserve warned during the previous raise earlier this year that it planned to continue increasing the interest…

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