Gold Down, but Remains Above $1,800 Mark Over Fed Taper Delay Expectations
By Administrator_ India Capital Sands Gold was down on Tuesday morning in Asia but remained above the $1,800 level. Hopes are also growing that the U.S. Federal Reserve could delay its planned asset tapering thanks to the continuing spread of COVID-19. Gold futures edged down 0.17% to $1,803.25 by 12:12 AM ET (4:12 AM GMT) after rising […]
Federal Reserve likely to forecast biggest economic boom in a generation
By Administrator_India Capital Sands Federal Reserve officials are due to issue new economic projections on Wednesday, with GDP growth likely to be a blow-out number that sets the stage for a historic experiment by US central bank policymakers. Fed Chair Jerome Powell and his colleagues are betting the economy can take off from the Covid-19 pandemic without generating excessive inflation, […]