Gold Surges prices have soared to fresh record highs on Tuesday, driven by increasing expectations of multiple interest rate cuts by the Federal Reserve this year. The dollar remained mostly flat against major rivals, which further supported the rise in gold prices. Current Gold Market Performance As of 18:45 GMT, gold spot prices rose by …
Gold Surges to Fresh Record Highs on US Rate Outlook Read More »
BOE Holds Interest (The Bank of England) voted to hold interest rates unchanged at 5.25%, the highest level since March 2008marking the sixth consecutive meeting where the central bank has maintained its current rate. This decision aligns with analysts’ expectations and reflects the BOE’s cautious approach to managing inflation and economic growth. The BOE’s decision …
BOE Holds Interest Rates Unchanged for Sixth Straight Meeting Read More »
The global economy landscape is poised at a crucial juncture in 2024, as major banks forecast a potential slowdown. Despite concerns about elevated interest rates, soaring energy prices, and uncertainties in the world’s two largest economies, there is optimism that the global economy may skirt a recession. In this article, we delve into the intricacies …
Global Economy Outlook: Navigating 2024’s Avoiding Recession Read More »
