Breaking: Fed Plans Fewer Rate Cuts in 2025

Gold prices rose Friday but remained on track for a weekly decline of 1-2%, pressured by the Federal Reserve’s more hawkish stance on interest rates.  The Fed’s latest projections showed fewer rate cuts planned through 2025 than previously expected, with officials now forecasting just two quarter-point cuts instead of the four cuts suggested in September.  While markets digest the Fed’s hawkish shift, another source of uncertainty emerges from Washington… US Government Faces Shutdown Over Funding Bill Another government shutdown looms as House lawmakers rejected a stopgap funding measure Thursday evening, voting 174-235 against the bill despite former President Trump’s endorsement. […]