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Federal Reserve's Kashkari: Resolving trade disputes will eliminate economic uncertainty.
Kashkari stated on Thursday that resolving trade disputes with major partners as soon as possible will help eliminate the uncertainty hanging over the USA economy.
Another Bullish factor pushing up gold prices? The Central Bank of Kenya is "actively considering" purchasing Gold.
The Governor of the Central Bank of Kenya stated that Kenya is considering incorporating Gold into its Forex reserves in order to diversify its Forex reserves beyond the US dollar and other MMF.
Oil Prices Climb On Weaker US Dollar, Uncertainty Around OPEC+ Output
When will the Federal Reserve cut interest rates? Governor Waller has already written the script: take action when the unemployment rate soars.
① Federal Reserve Board member Waller stated that if the Trump administration reinstates high tariffs, companies may increase layoffs, leading to a rise in the unemployment rate, and he would support a rate cut by the Federal Reserve; ② Waller believes that tariffs will have little impact on the economy before July, and that the inflation shock may be temporary, but could cause the unemployment rate to rise rapidly afterwards.
US Dollar's Slide Raising Red Flags for Corporate Earnings
Fed's Waller Says Policymakers Can 'Look Through' One-Time Price Increases