Gold Eases After Divided Fed Rate Cut Vote; Silver Hits New High
Gold edged lower on Thursday, as traders weighed the U.S. Federal Reserve's divided vote on a quarter-percentage-point interest rate cut, while silver climbed to yet another record high.
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Dems Claim Trump Tariffs Have Cost US Households $1,200
Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress' Joint Economic Committee.
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Fed Cuts Rates by a Quarter Point, Signals Fewer Reductions Coming
The Federal Reserve reduced its key interest rate for the third time in a row Wednesday, trimming a quarter point, but signaled that it may leave rates unchanged in the coming months.
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Fed Likely to Cut Rates, Signals Fewer Reductions Coming
The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powell may send regarding the central bank's next steps. It would be the third cut in a row and bring...
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