Gold and Wall Street Slip on Fading Hopes of an Early Fed Rate Cut
===============
#4b9dbae3 ver:1.27
Gold and Wall Street slip as hopes of an early Fed rate cut fade. Gold surges to a record high after Iran's President dies in a US helicopter accident. The Fed is changing its tone and preparing for no rate cuts in 2024 to avoid political controversy before the US election. Wall Street futures close flat, while the DJ-30 slips and the NQ-100 reaches a new high. The Fed's decision to hold rates surprises the market, with projections of rate cuts in 2025 and 2026. The US dollar surges, and the market monitors economic data for any adjustments to the federal funds rate. #Gold #WallStreet #FedRateCut...
#newstr #Gold #WallStreet #Fed #RateCut #Inflation #Employment #Trump #TradeWar #FiscalStimulus #PoliticalUncertainty #Biden #KamalaHarris #Election #TreasurySecretaryYellen #RegulatoryNorms #TechnicalAnalysis
https://here.news/story/4b9dbae3?ver=1.27
US Federal Reserve Reconsiders Rate Cut Projections for 2024 /
npub1zk…h84k3
2024-07-10 16:02:50
Author Public Key
npub1zk6xcewwjh29a0vsrwu7z0fvrfs6zct0y633jf0glyezktac0uws5h84k3Seen on
wss://relay.damus.ioPublished at
2024-07-10 16:02:50Event JSON
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"content": "Gold and Wall Street Slip on Fading Hopes of an Early Fed Rate Cut\n===============\t\n#4b9dbae3 ver:1.27\n\nGold and Wall Street slip as hopes of an early Fed rate cut fade. Gold surges to a record high after Iran's President dies in a US helicopter accident. The Fed is changing its tone and preparing for no rate cuts in 2024 to avoid political controversy before the US election. Wall Street futures close flat, while the DJ-30 slips and the NQ-100 reaches a new high. The Fed's decision to hold rates surprises the market, with projections of rate cuts in 2025 and 2026. The US dollar surges, and the market monitors economic data for any adjustments to the federal funds rate. #Gold #WallStreet #FedRateCut...\n\n#newstr #Gold #WallStreet #Fed #RateCut #Inflation #Employment #Trump #TradeWar #FiscalStimulus #PoliticalUncertainty #Biden #KamalaHarris #Election #TreasurySecretaryYellen #RegulatoryNorms #TechnicalAnalysis \n\n https://here.news/story/4b9dbae3?ver=1.27",
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