Category central_banks

Silver Falls Near $70.50

Silver price falls to $64.40 due to Fed rate hike odds Silver price extends its losses for the third successive day, trading around $64.40 per troy ounce. The fall in silver prices is attributed to the hawkish sentiment surrounding the Federal Reserve policy.

Fed Chair Warsh Holds Rates Steady

Fed holds rates at 3.5-3.75% and strips cut-bias language The Fed has held interest rates steady at 3.5-3.75%, removing language that hinted at potential rate cuts. This move is seen as a shift in communication style, with the Fed aiming to preserve optionality by keeping