U.S. interest rates
Coverage of U.S. interest rates in the Nexus archive.
- Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
The Fed-favored PCE inflation gauge declined in June for the first time since the pandemic, influencing the Federal Reserve's decision not to raise interest rates. The drop in the inflation barometer highlights ongoing economic considerations for borrowing costs.
- Fed’s favorite inflation tracker is getting an overhaul — just as the central bank weighs interest-rate hikes. What’s going on?
The inflation tracker most influential to the Federal Reserve is undergoing changes as the central bank considers potential interest-rate hikes this fall. The central bank is divided on whether to increase U.S. interest rates.
- Gold falls below $4,000 an ounce as US rate expectations rise
The price of gold dropped below $4,000 an ounce due to expectations of higher US interest rates, which made the dollar and US government bonds more attractive as safe-haven assets. Gold fell 3.4% to $3,978.67 an ounce.
- Bitcoin Keeps Sliding as Rates, Not Fear, Drive Crypto Lower
Bitcoin continued to decline on June 18 as U.S. interest rates, not geopolitical events like the Iran deal or oil price movements, were identified as the primary driver of the cryptocurrency's downturn.
- Gold and Silver Keep Sliding as Rates, Not War, Drive the Metals
Gold and silver prices continued to decline on June 18 as U.S. interest rates, rather than war or oil prices, influenced the metals' performance. The Iran deal and falling oil prices did not prevent the slide, highlighting rates as the primary driver.