
Gold falls as the Fed stands firm on interest rates
Gold has fallen 4% in 24 hours and dropped below $4,150 an ounce. The reason: the Fed’s continued restrictive monetary policy, which is weighing heavily on precious metals.
5 articles on FOMC

Gold has fallen 4% in 24 hours and dropped below $4,150 an ounce. The reason: the Fed’s continued restrictive monetary policy, which is weighing heavily on precious metals.

Kevin Warsh takes the helm at the Fed amid a volatile situation: war with Iran, a FOMC that refuses to cut rates, and markets in panic mode. Not exactly the ideal start.

The U.S. Federal Reserve will announce its interest rate decision in April. This meeting is expected to be Jerome Powell’s last as head of the Fed.

The Fed will announce its interest rate decision this Thursday. This is Jerome Powell’s final meeting, and the markets expect no change.

The US Federal Reserve is expected to leave rates unchanged at its March meeting. Weak employment signals and soaring energy prices are weighing on the decision.