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Silver (XAG/USD) trades under pressure on Wednesday as a stronger US Dollar (USD) and rising US Treasury yields weigh on the non-yielding metal following the Federal Reserve’s (Fed) monetary policy…
The US economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of Mr Trump's war on Iran, his signature tariff policies and the ongoing AI boom.
The Fed's quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and deposit rates.
New spending data shows how much of the economy now depends on people staying home, and a chase for quick, easy hits of stimulation may be driving it.
