Gold (XAU/USD) trades flat on Tuesday, extending its sideways grind as uncertainty surrounding US-Iran peace efforts and the Federal Reserve’s (Fed) monetary policy path keeps traders cautious. At the time of writing, XAU/USD trades around $4,056 after touching an intraday
Synchrony Bank offers the highest 14-month CD rate at 4.15% APY amid broader declines in deposit account yields. Certificate of deposit rates remain elevated despite a broader decline in deposit account yields, with the top 14-month CD offering 4.15% APY. Synchrony Bank cu
Bank of Japan's gradual reduction in JGB purchases since 2024 contributes to rising long-term interest rates and better market dynamics. The Bank of Japan's gradual reduction in long-term Japanese government bond (JGB) purchases since summer 2024 has led to a rise in long-
The Bank of Japan's July 31 accounts outline foreign currency deposits, ETF holdings, and government securities operations. The Bank of Japan (BoJ) published its July 31, 2026 accounts, detailing assets reserved for circulation, including coins, bonds, and equity investmen
Proposal by Fed official Kevin Warsh would cut rate-setting meetings from eight to six, altering a decades-long policy framework. A Federal Reserve official is evaluating a plan to reduce the number of annual rate-setting meetings from eight to six, according to reports. T
A potential reduction in Fed meetings could alter market pricing of policy adjustments and increase reliance on economic data. Federal Reserve Chair Kevin Warsh is evaluating a proposal to cut the central bank’s annual rate-setting meetings from eight to six, marking the m
XAG/USD falls to $57.20 after July ISM PMI jumps to 55.6, exceeding forecasts and bolstering Fed tightening expectations. Silver prices slid 0.73% to $57.20 as stronger-than-expected US manufacturing data reinforced expectations for prolonged Federal Reserve rate hikes. Th
John Williams says the Fed may raise rates if inflation does not decline toward the 2% target by 2028 as projected. Federal Reserve Bank of New York President John Williams stated that interest rate hikes remain an option if inflation fails to ease as expected. He forecast
Americans lost an average $1,000 to financial errors last year — 3 major money mistakes to avoid now First, the bad news. Americans lost nearly $1,000 last year because they're making avoidable money mistakes, according to data from the National Financial Educators Council
Markets price a two-thirds chance of a September rate increase as Fed Chair stresses data dependency on inflation and jobs reports. The Federal Reserve left interest rates unchanged at its July meeting, maintaining its data-dependent approach. Investors now see a 66% proba
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