President Donald Trump has escalated his trade war with China over allegedly unfair practices. But guess what else is escalating? American consumers' costs for goods imported from China.
Spot gold prices have fallen to its lowest level since May 3.
When it comes to inflation, the Fed may be risking their credibility.
The Federal Reserve releases minutes from a closed-door two-day meeting that monetary-policy officials held in Washington on April 30 and May 1. The discussion preceded their decision to hold official U.S. interest rates steady in their current range of 2.25% to 2.5%.
The U.S. unemployment rate is at 3.6%, its lowest since December 1969, but a scarcity of workers hasn't translated to a surge in consumer prices. But a top Federal Reserve official in Dallas suggests that the slow pace of increases might be due to rising competition from online businesses, not to mention the extra transparency on pricing.
The Federal Reserve is releasing minutes at 2 p.m. ET. Will the Fed hint at further stimulus? Here's what you need to know.
The economy will never function normally, or at least in a more sustainable, healthy way until repairing the yield curve is accomplished.
Gold tests the lower end of its yearly range.
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