The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
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Gold demand followed prices higher and set a new record in 2024. According to data compiled by the World Gold Council, total gold demand rose by 1 percent to 4,974 tonnes, driven by robust central ...