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Gold Blasts to $3,637 Lifetime High as Fed-Cut Bets and Weak Dollar Collide


The price of gold set a fresh all-time high on Monday, Sept. 8, reaching $3,637 per ounce. In recent months, the metal has held elevated levels, up about 1% from the prior day and 44% year over year. Safe-Haven Stampede: Gold Prints New Peak While the Greenback Slips At 10 a.m. Eastern time Monday...

CME, Prediction Markets Align on Quarter-Point Fed Cut


Traders across futures and prediction markets are nearly unanimous: the Federal Reserve is expected to cut interest rates at its September meeting, with a 25 basis point reduction the clear favorite. Fed Decision Looms With Markets Bracing for Easing The next Federal Open Market Committee (FOMC)...

Trump’s Central Bank Theatrics Expose the Fed’s Myth of Independence


There’s plenty of uproar surrounding U.S. President Donald Trump’s recent pressure on Federal Reserve Chair Jerome Powell and his contested dismissal of Federal Reserve Board Governor Lisa Cook, raising questions about just how independent the Fed really is. Yet history makes it clear that White...

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