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Analysts: Interest rate cuts are driving improvement in the U.S. domestic economy
Fidelity International: Market expectations for the Federal Reserve's final interest rate may be too low
Agencies: The Federal Reserve's expectations for future interest rate cuts are being greatly reduced
The three major U.S. stock indexes closed mixed
Agencies: Powell offers little new guidance on rate cuts
BTC briefly rose to $76,849, setting a new high
Spot gold rose by $50 during the day, now reported at $2709.01/ounce, an increase of 1.88%.
Spot silver expanded its intraday gain to 3.00% and is now trading at $32.10 an ounce.
Ethereum stood at $2,900/piece, up 6.56% on the day.
The dollar against the yen USD/JPY fell by 1.00% during the day and is now trading at 152.76.
Spot silver stood at $32 an ounce, up 2.67% in the day. Spot gold rose more than $4 in the short term, reaching a maximum of $2705.04 an ounce.
Spot gold rose $7 short-term, approaching $2,700 an ounce, while spot silver expanded its intraday gain to 2.4% at $31.92 an ounce.
Spot gold at $2709.01 an ounce, up 1.88%
Agencies: The removal of the word "increased confidence" from the Fed's statement indicates its growing caution
Powell: Even if Trump asks, he will not step down as Federal Reserve chairperson
Fed FOMC statement: Inflation has "made progress" towards 2% target
According to the Federal Reserve's FOMC statement, inflation has "made progress" towards its 2% objective, but remains elevated.
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