Trump lashes out at Powell: Is the interest rate cut a market rescue or adding fuel to the fire?

Facing economic pressures and inflation concerns, Trump has repeatedly called on the Federal Reserve to cut interest rates. The former president, who nominated Powell as the Fed Chair, has recently launched multiple criticisms on social media platforms against Powell for being "too slow to act," urging an immediate reduction of interest rates to as low as 1%, viewing rate cuts as a core measure to stimulate the economy and reduce living costs for the public. On the 12th, Trump stated that Powell should not wait until the next Federal Reserve meeting to implement a rate cut; Powell should lower interest rates immediately. In fact, Powell has been in a difficult position because, on January 28, under pressure from the White House and data, Powell and his colleagues maintained the

FX678 Finance16:55

Why does gold remain 'unshaken' amid the turmoil in the Middle East?

In the recent escalating conflict involving the US, Israel, and Iran, gold, the top safe-haven asset, has shown unusual 'calmness' and even faced a wave of sell-offs at one point. Why has the geopolitical turmoil failed to ignite the price of gold?

Golden10 Data12:51

At 20:30 tonight, the U.S. January PCE may show an anomaly unseen for decades! Could this be another obstacle on the Federal Reserve's path to interest rate cuts?

Following the release of the CPI data, the market widely anticipates that this favored indicator of the Federal Reserve will 'take off.' Has an interest rate cut within the year become a distant hope? Additionally, this data was released prior to the outbreak of the Middle East conflict...

Golden10 Data14:00

Express News | Ministry of Commerce: He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will lead a delegation to France from March 14 to 17 for trade and economic consultations with the United States.

Breakings13:27

Technical Analysis Report for March 13: Spot Gold, WTI Crude Oil Futures

This article compiles the latest insights from analysts at Economies.com, covering a range of products including spot gold and WTI crude oil futures!

Golden10 Data13:02

Global Forex and Fixed Income Roundup: Market Talk

WSJ10:46