FED

Gold has room to move higher but sentiment is starting to shift

Welcome to Kitco News’ 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023. (Kitco News) – gold’s significant …

Gold has room to move higher but sentiment is starting to shift Read More »

Feds seized nearly $700 million from FTX founder Bankman-Fried

Jan 20 (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing. BankmanFried, who has been accused- dollars of stealing billions from FTX customers to pay debts incurred by his cryptofocused hedge fund, has …

Feds seized nearly $700 million from FTX founder Bankman-Fried Read More »

Fed to deliver two 25-basis-point hikes in Q1, followed by long pause

BENGALURU, Jan 20 (Reuters) – The US Federal Reserve will end its tightening cycle after a 25-basis-point hike at each of its next two policy meetings and then likely hold interest rates steady for at least the rest of the year, according to most economists in a Reuters poll. Fed officials broadly agree the US …

Fed to deliver two 25-basis-point hikes in Q1, followed by long pause Read More »

Fed policymakers call for further rate hikes to beat inflation

Jan 18 (Reuters) – Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic activity is slowing. “I just think we need to keep going, and we’ll discuss at …

Fed policymakers call for further rate hikes to beat inflation Read More »