Tag Archives: US Fed rate cut

Gold prices rose on Monday in the domestic futures market. The price of gold jumped on September 30 at the Multi Commodity Exchange of India (MCX). Investors’ attention was on the comments of US Fed Chairman Jerome Powell and developments related to geopolitical tensions in the Middle East. MCX Gold …

The European Central Bank (ECB) on Thursday cut the key interest rate by 0.25 percent to boost economic growth amid softening inflation. This will reduce the cost of loans for companies and homebuyers. In the meeting of the ECB’s policy rate-setting committee, the interest rate was reduced from 3.75 percent …