Are interest rates too high? A lot of people think they are, and a growing chorus of voices is calling on Federal Reserve Chairman Jerome Powell to cut rates.
Do you feel like you spend more and more money every month but get less and less for it? That’s because you are.
Powell & Company at the Federal Reserve sees an elevated stagflation threat. In response, they decided to do nothing.
After running a surplus in April thanks to tax day, the federal government was back to business as usual in May, spending massive amounts of money and charting another big budget deficit.
Supporters of tax cuts argue that they eventually "pay for themselves" and lower deficits through economic growth and increased revenue, even without significant spending cuts.
For the first time in five months, gold-backed ETFs globally reported modest outflows in May as investors took profits.
Over the past four months, the price of gold in yuan terms has climbed by 24 percent, the strongest January to April performance on record. The Shanghai Benchmark Gold Price rose 6.9 percent in April alone. It was the fifth consecutive monthly gain.
While the CPI has dipped close to the mythical 2 percent target, core CPI remains elevated.
Flows of gold into Asian ETFs exploded in April, driving global ETF gold holdings higher for the fifth straight month.
In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting.
China drove the surge in retail investment demand, charting the second strongest quarter on record.
Central banks continued to stockpile gold in the first quarter.
Record gold prices drove first-quarter demand in 2025 to the highest level since 2016.
Conventional wisdom is that investors should hold gold as an inflation hedge. Over the long term, this is a wise strategy.ok,
While most market watchers have focused on the wildly yo-yoing stock market over the last few weeks, the Treasury bond market has been flashing warnings.