[ad_1] US Market News: Tuesday’s record-breaking closing high for the Dow Jones Industrial Average and Wall Street stocks came from data supporting the belief that the US Federal Reserve is about to embark on its easing cycle, which will control inflation and prevent a recession, as per Reuters news report. In addition, the gold prices…
[ad_1] Gold prices surged over 1 per cent to a record high on Tuesday as investors turned to the safe-haven asset following comments from Federal Reserve officials that solidified expectations for a U.S. interest rate cut in September. By 11:01 a.m. ET (1501 GMT), spot gold increased by 1.3 per cent to $2,452.29 per ounce,…
[ad_1] In the week ahead on Wall Street, all eyes will be on the US Federal Reserve for its second monetary policy decision of this year. it is widely expected that the central bank would keep interest rates unchanged. Investors will also keenly watch comments from Fed Chair Jerome Powell during his press conference on…
