Powell’s in Sweden. Rates Will Likely Go Higher Still Despite Companies’ Pain.
Investors looking at Federal Reserve Chairman Jerome Powell’s speech at a conference at Sweden’s Riksbank Tuesday will be tempted to carefully parse his words for any hint as to when the interest-rate increases will stop. There will probably be less nuance to his remarks than first appears. Powell will certainly utter a few on-the-one-hand, and […]
Is the Fed Trying to Wean Markets Off Monetary Policy?
Commentary Is the Fed trying to wean the markets off monetary policy? Such was an interesting premise from former British diplomat Alastair Crooke via the Strategic Culture Foundation, to wit: “The Fed however, may be attempting to implement a contrarian, controlled demolition of the U.S. bubble-economy through interest rate increases. The rate rises will not slay […]
Gold prices rise, silver unchanged; yellow metal trading at Rs 55,960
The price of gold rose by Rs 210 on Friday, with 10 grams of the yellow metal (24-carat) trading at Rs 55,960. Silver prices, on the other hand, remained unchanged from yesterday’s close. The precious metal was selling at Rs 72,000 per kg. The price of 22-carat gold […]
Gold, silver prices rise in early trading; gold selling at Rs 50,350
The price of gold rose by Rs 330, with ten grams of the yellow metal (24-carat) trading at Rs 54,930. Silver prices, on the other hand, rose by Rs 1000 from yesterday’s close, and the precious metal is selling at Rs 71,300 per kg. The price of 22-carat […]