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Category Donald Trump

US producer prices dip 0.1% in August, boosting odds of Fed’s first rate cut in 2025

US producer prices dip 0.1% in August, boosting odds of Fed’s first rate cut in 2025

The Producer Price Index (PPI) for final demand slipped 0.1% in August, offering the Federal Reserve fresh leeway to consider lowering interest rat...
Bitcoin Price Eyes $150K as Trump Calls for Aggressive 100 BPS Fed Rate Cut

Bitcoin Price Eyes $150K as Trump Calls for Aggressive 100 BPS Fed Rate Cut

Bitcoin price continues to consolidate within a defined ascending symmetrical triangle, signaling an imminent breakout. With the Fed’s potential ra...
Commodities wrap: Fed rate cuts, geopolitical tensions drive commodity prices

Commodities wrap: Fed rate cuts, geopolitical tensions drive commodity prices

Gold and crude oil prices extended gains on Wednesday, with copper prices remaining largely unchanged from the previous close.  Silver prices jumpe...
Gold’s bullish momentum to be challenged by US inflation figures, say analysts

Gold’s bullish momentum to be challenged by US inflation figures, say analysts

Gold has continued its rally over the last few weeks, with prices hitting a series of record highs.  However, the market would be keenly awaiting U...
US holiday sales expected to rise a modest 2.9–3.4%, Deloitte says

US holiday sales expected to rise a modest 2.9–3.4%, Deloitte says

Holiday sales in the United States are set to increase at the slowest pace since the pandemic, according to Deloitte’s latest forecast, released on...