tweet: Fed’s Daly: Holding Rates This Week Doesn’t Predict What We Will Do Next Fed’s Daly: We’re Holding Rates Steady to Collect Information to See if More is Necessary tweet: FED'S DALY: WE NEED TO GO AT A SLOWER PACE. tweet: FED'S DALY: I'M NOT READY TO DECLARE VICTORY. tweet: FED'S DALY: WE WILL NOT BE SATISFIED UNTIL WE'RE CONFIDENT INFLATION IS ON A PATH BACK TO STABILITY. tweet: FED'S DALY: THE US ECONOMY HAS A LOT OF MOMENTUM.
Gold markets commenced Thursday's futures trading session with a significant downward gap, reflecting extremely bearish sentiment. The market continues to be characterized by heightened volatility and uncertainty; a situation that has become somewhat expected. The decision by the Federal Reserve to halt its rate hike cycle, mirroring similar moves by the ...