Election Looms, But the Fed’s Rate Decision Could Steal the Spotlight

As America’s 2024 election approaches, the U.S. Federal Reserve’s Federal Open Market Committee will make a pivotal decision on the benchmark interest rate just two days later. A Quarter-Point Rate Cut? Fedwatch and Bettors Reveal the Odds Aside from the suspense of who will claim victory as the next U.S. president—a verdict that might not … Read more

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility … Read more