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Divided Fed policymakers stake out positions ahead of December meeting
Federal Reserve officials on Monday continued pressing competing views of where the economy stands and the risks facing it, a debate set to intensify ahead of the U.S. central bank's next policy meeting and in the absence of data suspended due to the federal government shutdown. In her first public remarks since President Donald Trump launched a so-far unsuccessful attempt to remove her from her position, Fed Governor Lisa Cook portrayed a tug-of-war view of the policy debate, saying elevated risks to both the central bank's employment and inflation mandates leave the December 9-10 meeting "live" for a possible ... (full story)
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Gold prices opened the week near unchanged, holding steady at the $4,000 level after correcting 11% in the week prior to the last FOMC meeting. Volatility for gold has been on a downward trend, mirroring the price movement, with the market's focus turning to the release of the JOLTS data and scheduled Federal Reserve speaker comments this week.
From brecorder.com | Nov 4, 2025
Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while reduced chances of another U.S. interest rate cut in December and easing U.S.-China trade tensions blunted bullions demand. Spot gold was down 0.8% at $3,970.39 per ounce, as of 0625 GMT. U.S. gold futures for December delivery ...