Latest news and articles about US Federal Reserve from NEX English
Gold prices are expected to decrease if the US Federal Reserve decides to maintain interest rates for the remainder of the year, a move currently anticipated by the market. This decision could significantly impact investors in precious metals markets.
The International Monetary Fund (IMF) has indicated that inflation in the United States is moving towards the Federal Reserve's target of <strong>2%</strong> by the first half of next year. However, it emphasized that there is limited potential for interest rate cuts this year.
Richard Clarida, a global economic advisor at PIMCO and former Vice Chairman of the Federal Reserve, stated that rising interest rates at the European Housing Bank are not a 'death blow' but a viable option. He explained why the threshold for interest rate increases at the US Federal Reserve is 'high'.