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Gold and Gold-Related Stocks Slump as Hot US Jobs Data Dampens Rate-Cut Hopes

Key Takeaways Gold prices slumped after U.S. employment data came in hotter than expected. Bond yields rose and traders cut…

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Money

Strong Economic Data is Making Interest Rate-Cut Timing Harder to Predict

Key Takeaways Federal Reserve officials increasingly have said in recent weeks they will rely on data to help them determine…

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Money

Stock rally, rate-cut forecasts get tested by Powell’s testimony and jobs report

A four-month-long U.S. stock market rally, partly fueled by investors’ expectations for interest rate cuts in 2024 by the Federal…

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