Expectations Soften for September or November Fed Rate Hike, July Still Firmly Anticipated
The Federal Reserve continues to be expected to raise the benchmark interest rate by a quarter of a percentage point, according to forecasts by fed-funds futures traders. The current projections predict an increase from the current rate to a new range of 5.25% to 5.5%. This increase is anticipated to occur within the month. Despite […]
“Silver & Gold Plunge, Copper Hits Record Low: November’s Unprecedented Market Shift!”
Gold, silver, and copper experienced significant declines on Thursday, with silver falling nearly 5%, as a result of a rebound in the US dollar and concerns surrounding China’s economic recovery. These precious metals have been a popular choice for safe-haven investors amid uncertainty and inflationary pressures due to the pandemic, with gold even hitting its […]