Federal Reserve

Stocks steady as focus turns to Fed rate cuts

Stocks steady as focus turns to Fed rate cuts

Olivia Carter

The start of a holiday-shortened week saw Wall Street stocks taking a breather after three consecutive weeks of gains, buoyed ...

The Fed will shift to ‘full-on accommodation’ mode in 2024 with nearly 3 percentage points of rate cuts as economy slows, UBS says

The Fed will shift to ‘full-on accommodation’ mode in 2024 with nearly 3 percentage points of rate cuts as economy slows, UBS says

Olivia Carter

Federal Reserve Governor Jerome Powell delivers remarks during a conference at the Brookings Institution in Washington.Carlos Barria/Reuters The Federal Reserve ...

Gold lacks momentum as spotlight shifts to Powell’s speech

Gold lacks momentum as spotlight shifts to Powell’s speech

Olivia Carter

By Brijesh Patel (Reuters) – Gold’s momentum faced challenges on Wednesday as investors awaited further clarity on interest rates from ...