Fed Rate Cut

NEWS DESK

Impact of the Fed rate cut on stocks, crypto and other investments – Noor Capital

News Desk 1 20/09/2024

The Federal Reserve has lowered interest rates at its Sept. 17-18 meeting, decreasing the federal funds rate by 50 basis points to 4.75 to 5.0%. This is likely the first of a string of rate cuts that should help buoy the U.S. economy. Interest rates are one of the biggest tools the Fed has for

NEWS DESK

Accelerating Fed Rate Cut Optimism Boosts Gold to Fresh Record Highs

News Desk 1 13/09/2024

On Thursday, the price of gold hit yet another record high as investors became increasingly optimistic about the future decline in global interest rates. With the second rate cut in three months by the European Central Bank (ECB), the spot price of gold soared to $2,567 per troy ounce, up 1.5% from Wednesday. In a […]

NEWS DESK

Gold prices have surged above $2,500 per ounce, fueled by expectations of Fed rate cut – Noor Capital

News Desk 1 09/09/2024

Oil PerformanceCrude oil prices hit new lows of the year: The S&P Global Commodity index has also hit new lows of the year, driven in part by WTI crude oil prices, which are now around $68 per barrel. The selloff in oil and commodities also reflects the fears of a demand slowdown globally, particularly in […]