gold etfs, bonds, inflation, the fed
Getting into gold can be done through ETFs, including one that tracks the physical yellow metal and another that invests in gold mining companies.
Stay updated with breaking news from Watch Tool. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Getting into gold can be done through ETFs, including one that tracks the physical yellow metal and another that invests in gold mining companies.
A September rate cut would come shortly before another major economic event: the US presidential election.
The Federal Reserve is expected to announce Wednesday that it is keeping interest rates at a quarter-century high for the sixth-straight meeting. Officials are not yet convinced that inflation is under control, which is a requirement for them to lower borrowing costs.
Just three months ago, investors priced in a 100% chance of a rate cut by Wednesday’s meeting.