Tag: Fed
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November Sees Rising Personal Finance Concerns Among US Households, According to New York Fed
Dec 8 (Reuters) – U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held steady, a New York Federal Reserve report released on Monday showed. The regional Fed bank said in its Survey of Consumer Expectations for November that respondents’…
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Wall Street Steady as Investors Anticipate Fed Rate Cut
US stocks stalled on Monday, as Wall Street headed into a pivotal week dominated by the Federal Reserve’s final policy meeting of 2025. The tech-heavy Nasdaq Composite (^IXIC) rose roughly 0.2%, while the S&P 500 (^GSPC) slipped below the flatline. But the Dow Jones Industrial Average (^DJI) backed off 0.1% on the heels of closing…
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Gold Surges Above $4,200 Amid Increased Fed Rate Cut Expectations
Gold prices were mixed on Monday morning but were back above the $4,200 level as expectations of a US interest rate cut weighed on the dollar ahead of this week’s Federal Reserve policy meeting. Gold futures slipped 0.1% to $4,238.30 an ounce while spot gold rose 0.3% to $4,209.73 at the time of writing. “Gold…
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Markets Rally for Fourth Day Ahead of Key Fed Meeting
US stocks moved higher on Friday as Wall Street digested a cooling in the Federal Reserve’s preferred inflation gauge, increasing the odds that the central bank will cut rates next week. The S&P 500 (^GSPC) rose 0.19%, within striking distance of its first record close since October. The Nasdaq Composite (^IXIC) also gained about 0.3%,…