Why gold prices may be headed for record highs this year
[ad_1] Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out…
A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns
[ad_1] Stocks slumped in the final hour, and after hours, FedEx issued the worst warning relative to expectations that one Deutsche Bank analyst has seen in 20 years. Not exactly…
Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
[ad_1] Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat to deliver a blunt message that the Fed will keep at the job of…
Can Central Banks Maintain Their Autonomy?
[ad_1] As the world’s central bankers gather this week at the Federal Reserve’s annual mountain retreat in Wyoming’s Grand Tetons, soaring prices pose the biggest test of their abilities since…
Why one economist fears the Japanese yen could be headed for a destabilizing downward spiral
[ad_1] A prominent economist has begun to worry that Japan’s widening trade deficit could eliminate the last pillar of support for the world’s third-most widely used currency, potentially creating serious…