Wall Street anticipates the Federal Reserve will adopt a gradual strategy for reducing its balance sheet expansion. The central bank began purchasing approximately $40 billion in short-term Treasuries monthly in December to alleviate funding market pressures. Officials suggest the pace of these purchases will be significantly reduced, moving cautiously to avoid missteps as the Fed aims for an end state.
Fragile US-Iran talks: Gold rises to Rs 1.53 lakh; silver jumps nearly Rs 10,000. What’s next?
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin