Economist Lauren Saidel-Baker says Fed’s preferred measure of inflation still remains above 2% target - Anadolu Ajansı ...
Gold prices hit a record high of $2,600 on Friday in a searing rally, as the prospect of more U.S. interest rate cuts burnished its appeal amid global uncertainties.
HONG KONG, Sept 20, 2024 (AFP) - The price of gold rose to a fresh record high of more than $2,609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal.