This is a news story, published by CNBC, that relates primarily to Jerome Powell news.
For more Jerome Powell news, you can click here:
more Jerome Powell newsFor more jewelry news, you can click here:
more jewelry newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best entertainment news, business news, world news, and much more. If you like this article about jewelry, you might also like this article about
Gold prices. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Federal Reserve news, monthly inflation rate news, news about jewelry, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Fed Fund rate cutsCNBC
•89% Informative
Gold prices continued to notch new records Wednesday , lifted by increasing conviction that the Federal Reserve will cut interest rates in September .
On Monday , Fed Chair Jerome Powell said the Fed won't wait for inflation to reach the central bank's 2% target before it begins cutting.
As interest rates fall, gold tends to become more appealing compared to fixed-income assets such as bonds.
VR Score
95
Informative language
97
Neutral language
85
Article tone
formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links