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Australian Dollar pares gains after lower China's PMI, US PCE eyed

Fed's Bostic: No rate hikes expected, but inflation risks remain

Atlanta Fed President Raphael Bostic stated on Thursday that he does not expect further rate hikes to be necessary to bring inflation down to the target. However, he cautioned that if inflation were to reaccelerate, "I'd have to take on board the likelihood that a rate increase is appropriate."

WTI drops to near $77.50 as US PCE, OPEC+ meeting loom

Gold recovers following slower US growth data

US Economy News Today: Inflation Mostly Stands Still in April—Why That May Be A Good Thing

Fed's Bostic eyes rate cuts by year-end

Atlanta Fed President Raphael Bostic indicated that interest rate cuts might be on the table by the fourth quarter of this year, provided economic conditions align with his expectations.

Silver Price Forecast: XAG/USD trades lower around $31.50, US economic data awaited

Silver Price Forecast: XAG/USD surges to near $31.00 amid escalated geopolitical tensions

Fed's Bostic says U.S. not past 'worry point' for inflation

The Federal Reserve may need to wait longer to cut interest rates because even with April's slightly cooler inflation reading there is continued upward

Fed's Bostic: Inflation not yet at safe point for rate cuts

Atlanta Fed President Raphael Bostic emphasized caution regarding interest rate cuts, stating that the US economy is not yet past the "worry point" for inflation to return to the target of 2%.