{
}
US price data and ongoing tariff disputes between the US and EU are influencing silver prices, with investors hopeful for negotiations to avoid harmful tariffs. Key economic indicators, including the PCE deflator, are expected to provide insights into monetary policy, while chart technicals suggest a focus on the $34 mark and potential upward movement towards October highs.
Federal Reserve Bank of Atlanta President Raphael Bostic remains undecided on the necessity of an interest-rate cut this month. He advocates for a shift in monetary policy to a neutral stance, as the risks to achieving maximum employment and price stability are now balanced.
US core CPI inflation rose to 3.3%, while core PCE inflation increased to 2.7%, prompting concerns that markets may be underestimating inflation resilience and anticipating excessive rate cuts. Fed officials express worries about inflation, with recent bond market volatility reflecting this sentiment, yet equity markets remain largely unaffected, suggesting potential investor complacency amid geopolitical tensions and upcoming elections.
Gold prices are on a record chase following a significant 50 basis point interest rate cut by the US Federal Reserve, with hopes for further reductions later this year. The trading range is anticipated between $2,500 and $2,700, influenced by recent cuts from the ECB and BoE. Investors should remain cautious of potential setbacks as key economic indicators and Fed comments are expected to impact market trends.
Bitcoin remains above $62,000, buoyed by a recent interest rate cut in the US, although investor euphoria is starting to fade. The upcoming US presidential election, featuring Kamala Harris and Donald Trump, may influence crypto regulations, while key Federal Reserve speeches next week could provide insights into future monetary policy.
Raphael Bostic
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
silver price outlook influenced by us tariff dispute and economic data
United States Dollar
USA
Alberto Musalem
Neel Kashkari
Thomas Barkin
Michael S. Barr
Raphael Bostic
Show more
10:14 26.03.2025
bostic considers options for december interest rate decision
18:00 02.12.2024
us markets show complacency amid rising inflation and resilient economic data
United States Dollar
Apple Inc.
Dow Jones & Company
USA
Raphael Bostic
Jerome Powell
Thomas Barkin
Show more
09:47 15.10.2024
gold price surges as interest rate cuts spark investor optimism
United States Dollar
European Central Bank Legal Entity of Public Law
Bank of England
USA
John Williams
Austan Goolsbee
Raphael Bostic
Michael Barr
Michelle Bowman
Show more
09:00 23.09.2024
Bitcoin remains above 62000 as investors eye US monetary policy shifts
09:00 22.09.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Stock Market Updates
Government Economic Policies
Industry Mergers & Acquisitions
Fintech Startups
Private Equity Deals
CEO Changes
Venture Capital Investments
AI Applications
Corporate Social Responsibility
AI Innovations
Funding Rounds & Investments
Economic Indicators
Market Analysis and Predictions
Emerging Startups
Countries:
Companies:
Apple Inc.
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
NVIDIA Corp
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
Tesmec S.p.A.
OpenAI ERC USD
FTSE NASDAQ Dubai UAE 20 Index
The Goldman Sachs Group, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Egyptian Pound
Saudi Riyal
Brazilian Real
Qatari Riyal
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
People: