HCMC – Gold prices surged on December 11 as the U.S ...Ring gold also moved higher ... On the global market, spot gold jumped to US$4,236 per ounce, up US$24 from the previous session ... time), lowering the Fed funds rate to around 3.5%–3.75% ... government ... .
ATLANTA — Three escaped inmates wrapped a rope around their Lyft driver’s neck, tied her wrists and dragged her into the car’s back seat during a 10-hour getaway trip from metro Atlanta to South Florida, federal authorities said ... .
Crystal Hultz was first denied Social Security disability benefits back in 2014. Throughout her many attempts to challenge the decision, administrative law judges believed her subjective testimony was not properly supported by medical evidence ... .
This "bear steepening" of the yield curve suggests that while the Fed is lowering the cost of borrowing today, the market expects a resurgence of price pressures tomorrow ... While the Fed lowered the ...
By signaling that the "normalization" phase is nearing its conclusion, the Fed has effectively placed a floor under bond yields and forced a re-evaluation of equity valuations ... The Fed’s caution is not happening in a vacuum.
The Fed, led by JeromePowell, successfully navigated a cooling labor market—which saw unemployment tick up to 4.4% in September—to justify three consecutive 25-basis-point rate cuts in the latter half of the year.
This linguistic pivot suggests that the Fed believes it has already done the heavy lifting and may pause its cutting cycle sooner than the market expects ... The Fed’s cautious stance and the extension of ...