Tag: Federal Reserve

Gold prices climb above $3,360 as Jerome Powell hints at policy shift. Markets now see 90% chance of September Fed rate cut, boosting investor sentiment.

Gold prices have been resilient, holding steady near their all-time high as investors keenly await signals from the U.S. Federal Reserve regarding future interest rate cuts. The yellow metal has ...

The pressure on the cedi's value has eased due to an increase in foreign exchange (FX) liquidity, especially in US dollars.  This improvement follows the Bank of Ghana's significant intervention ...

Corporate demand and a strong US dollar have put significant pressure on Ghana's currency, the Cedi, during the first four months of 2024. Databank, an asset management company, predicts that ...

Gold prices have steadied over the past week, showing signs of stability amidst recent geopolitical developments in the Middle East. There's a possibility that gold has attracted safe-haven investments since ...

In the realm of precious metals, gold has proven itself as a perennial favorite for investors seeking stability and security. Its allure has only intensified in recent times, as evidenced ...

Gold prices have skyrocketed this morning, Wednesday, January 4, caused by a weakening of the US dollar ahead of the minutes from the Federal Reserve’s December policy meeting. Spot gold has ...

The Federal Reserve (Fed) is of the view to push rates higher than previously expected, keep them for an extended period with the aim of cutting down inflation. Mr. Jerome ...