Gold are prices likely to rise back again, helped by the plethora of factors defying softening safe-haven assets demand and expectations of fewer rate cuts this year by the US federal reserve bank, reported by Gulf news on Wednesday.
The US Federal Reserve has decided to keep interest rates unchanged at 4.25 per cent to 4.50 per cent, as the risks of both higher unemployment and rising inflation have increased.
US District Judge Indira Talwani on Monday ruled that migrants from the four nations can remain in the US and obtain authorization to legally work or apply for adjustment of status.
The White House Correspondents Association expressed its support for the decision by a US federal judge on Tuesday (US local time) to call the White House's decision to eliminate the Associated Press's access to coverage of presidential events unconstitutional.
Reciprocal tariffs imposed by the US significantly raise risks for a recession in the US and constrain the US Federal Reserve's ability to lower interest rates further, Fitch Ratings said in a note.
The US Federal Reserve is likely to ease monetary policy rates by June, Jefferies said in its latest 'Greed and Fear' report, with a rider that though the rate cut could be earlier if the data and market action are bad enough.
Masked agents arrested Badar Khan Suri, an Indian national and postdoctoral fellow, outside his home in Arlington's Rosslyn neighbourhood in Virginia on Monday night, his lawyer said in a lawsuit requesting his immediate release.
In her Senate questionnaire during her confirmation process, she admitted that she volunteered for Biden's campaign in 2020, "providing limited legal assistance regarding potential election law issues."
The judge's order, issued on Saturday (local time), temporarily halts access to a sensitive payment system that distributes Americans' tax returns, Social Security benefits, disability payments and federal employees' salaries, CNN stated.
The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for the federal funds rate at 4.25 per cent to 4.5 per cent.
The Federal Open Market Committee (FOMC) of the US Federal Reserve is expected to keep interest rates unchanged in its policy announcement on Wednesday night (IST), according to a report by ICICI Bank.