June
Gold hits record high on rising hopes for Fed rate cut in June
GOLD prices touched a record high on Monday (Apr 1) after data showed that United States inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate...
Fed’s balancing act could see June rate cut in play even with sticky inflation
FEDERAL Reserve chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections raised the inflation outlook for the...
Gold firms on hopes for Fed rate cut in June, softer US dollar
GOLD prices edged higher on Monday (Mar 25) as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer US dollar lifted...
Hunter Biden trial on gun charges set for June 3
A US federal judge on Wednesday set June 3 as the tentative date for the start of the trial of President Joe Biden’s son Hunter on charges of illegal...
ECB more likely to cut rates in June than April, Villeroy says
THE European Central Bank (ECB) will lower borrowing costs in the spring, with June more likely than April for a first move, Bank of France (BOF) governor Francois Villeroy...
JPMorgan’s Dimon urges Federal Reserve to wait past June before cutting rates
JPMORGAN Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting...
JPMorgan’s Dimon urges Federal Reserve to wait past June before cutting rates
JPMORGAN Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting...
China seen cutting mortgage reference rate for first time since June
CHINA is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday (Feb 20), as banks’ improving net interest margins give authorities some leeway...
