US Federal Reserve Governor Michelle Bowman says inflation could fall toward the Fed’s 2% target with interest rates at current levels, which is being seen as backing for lowering borrowing costs
Gold Price Today 5 January 2024: Gold is trading on the lower side of the Multi Commodity Exchange (MCX) while silver rates have recorded a hike on Friday. Check the latest city-wise prices here.
Analysts say the focus today will be on the US non-farm payroll and unemployment rate, which could provide clarity on overall strength in the labour market and the Fed’s path ahead