Oil Prices Fall as Fed Pushes Back on Rate Cut Expectations Oil prices slipped as the Fed pushed back on expectations for rate cuts any time soon, and concerns around sluggish demand weighed.
Pound Sterling Sentiment Split on Tax and Rate Cut Expectations, Holds 1 26 vs Dollar currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.
Federal Reserve Gov. Christopher J. Waller's recent comments at The Brookings Institution have significantly impacted market expectations regarding interest rate cuts.
Gold ticked higher as the final week of the year got under way, with traders looking ahead to interest rate cuts from the Fed in 2024 and a weaker US .