With future price pressures appearing benign and credit demand subdued, some economists are advocating for an outsized 50-basis-point rate cut by the Monetary Policy Committee (MPC). This move aims to revive the credit cycle and boost economic momentum, potentially counterbalancing uncertainty.
Gold gains as oil slumps after Trump holds off on Iran attack
Gold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action against Iran. Eased concerns