Tag: Federal Reserve

The Justice Department has ended its probe into Federal Reserve Chair Jerome Powell. US Attorney for the District of Columbia Jeannine Pirro said on X that her office was ending ...

Gold prices have witnessed a historic retreat  as the precious metal plunged 8% to approximately $4,100 per ounce, marking its most significant single-day decline and hitting a four-month low. This ...

Global central banks have issued an extraordinary joint statement offering “full solidarity” to the US Federal Reserve chair, Jerome Powell, in the face of the latest threat to his independence. ...

A group of former Federal Reserve Chairs and other former top economic officials have urged the Supreme Court to allow Lisa Cook to remain as a Central Bank Governor. The group, led former ...

Deutsche Bank Raises 2026 Gold Forecast to $4,000 Amid Fed Uncertainty and Dollar Weakness

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 ...