Gold futures fell 1.56% to $4,982.70 per ounce as surging crude oil prices rekindled inflation concerns and reduced Federal Reserve rate cut expectations, with strategists predicting long-term potential for $6,000 gold despite near-term headwinds from higher interest rates.
U.S. interest rate futures market now prices in less than 25 basis points of cuts for 2025, with 2-year Treasury yields breaking 3.7% as Iran tensions fuel inflation concerns and oil prices surge past $97 per barrel, casting doubt on even a single Fed rate cut this year.
US February nonfarm payrolls expected to show 60,000 new jobs, down from January's 130,000, with unemployment rate projected to rise to 4.4% as economists warn of labor market weakness ahead despite current stability, while Citigroup forecasts 75bp rate cuts this year
The White House signaled that with US inflation now low and stable, the economy is poised to accelerate further if the Federal Reserve proceeds with long-awaited interest rate cuts, as January CPI data undershot expectations and core inflation hit a near five-year low.
LIVE: RBI Monetary Policy Statement By Shri Sanjay Malhotra | Repo Rate | Market News
LIVE: RBI Monetary Policy Statement By Shri Sanjay Malhotra | Repo Rate | Market News Stay tuned for RBI MPC Meeting Live Updates as Governor Sanjay Malhotra announces the latest monetary policy decision #reservebankofindia #rbi #interestratecuts #reporatecuts #rbimonetarypolicy #sanjaymalhotra #indiagdpgrowth2026 #indiagdpgrowth #indiainflationgrowth #indiaeconomy #rupeeweakening…
LIVE: RBI Monetary Policy Statement By Shri Sanjay Malhotra | Repo Rate | Market News Stay tuned for RBI MPC Meeting Live Updates as Governor Sanjay Malhotra announces the latest monetary policy decision #reservebankofindia #rbi #interestratecuts #reporatecuts #rbimonetarypolicy #sanjaymalhotra
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