Federal Reserve Governor Michelle Bowman asserts that interest rates will not be reduced until there is clear evidence of decreasing inflation. Bowman's cautious stance aims to ensure stable prices and sustainable economic growth amid fluctuating economic conditions.
As the Federal Reserve's policy meeting nears, mortgage rates in the U.S. are anticipated to fluctuate significantly. Economists note that preemptive adjustments by investors and lenders, driven by market speculation and economic indicators, contribute to this volatility.
The commodities market is witnessing optimism as gold and oil head for their second weekly gains, fueled by expectations of potential Federal Reserve rate cuts. This environment enhances the allure of safe-haven assets, offering strategic investment avenues.
The US Federal Reserve's cautious optimism coupled with aggressive readiness, dubbed 'dove with sharpest claws,' fortifies the dollar's resilience amid post-pandemic recovery and geopolitical tensions.
