The Federal Reserve lifted its benchmark rate by a quarter‑point to a 3.75‑4% range, its first hike in more than three years, as fuel‑price‑driven inflation pressures mount.
Posts tagged as “Federal Reserve”
Gold and silver fell on September 2 as fresh U.S.-Iran clashes revived inflation worries, lifted Treasury yields and boosted expectations of a September Fed rate hike.
Gold and silver fell in early Asian trade on Aug. 31 as US‑Iran tensions lifted oil prices and bond yields, while analysts still see a chance for a year‑end rally.