Gold poised for 3rd weekly gain on Fed rate cut bets

Gold poised for third weekly gain on renewed hopes of Fed rate cuts
Gold prices hovered near a five-week high on Friday and were set for a third straight week of gains, as U.S. inflation data released earlier this week revived expectations that the Federal Reserve might cut interest rates more than once this year.
Why are interest rates rising when the Fed has been cutting them?
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continues to be favorable.
US Could Cut Interest Rates 3 Or 4 Times This Year: Fed Official
The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday.
Gold poised for third weekly gain on Fed rate cut bets
Gold held firm near a five-week high on Friday and was set for a third straight week of gains, as U.S. inflation data released earlier this week raised expectation that the Federal Reserve might cut interest rates further this year.
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
Fed Governor Christopher Waller told CNBC on Thursday that the central bank could lower interest rates multiple times this year if inflation eases as he is expecting. "As long as the data comes in good on inflation or continues on that path, then I can certainly see rate cuts happening sooner than maybe the markets are pricing in," he said.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Prospect of Fed rates cut to help rupee amid Trump worries
The Indian rupee, on Friday, will likely get support from remarks by a Federal Reserve official that the central bank may deliver more rate cuts this year than forecasted in December, which spurred a further dip in U.
Gold Steady, Supported by Fed Rate-Cut Prospects
Gold was steady in the early Asian session, supported by prospects of Fed rate cuts that would bolster the allure of the non-interest-bearing precious metal.
Gold price today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,
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The Fed Could Give the Stock Market Exactly What It Wants
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Inflation Sped Up in December, a Fresh Challenge for the Fed
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Asia stocks fall despite China GDP beat; bond yields drop with Fed in focus
The tone in global stocks turned weaker on Friday as Asian shares tracked overnight losses on Wall Street, even as bond ...
Fed isn't expected to move on rates for next few months, Schwab's Sonders Says
The Federal Reserve isn’t likely to make a move on interest rates over the next few months, Charles Schwab (SCHW) Chief ...