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Wednesday, June 17, 2026

Markets · Earnings · Macro

Spot Gold Turns Negative on Dollar Strength, Down 0.5% at $4,304.19

Spot gold reversed earlier gains, falling 0.5% to $4,304.19 per ounce, as the U.S. dollar strengthened amid shifting rate expectations. The pullback reflects a tug-of-war between safe-haven demand and dollar pressure, with geopolitical…

By Nick Salikoff3s ago

Top Stories

Fed Lifts Rate Path, Inflation Outlook Rises

The Federal Reserve's latest projections show the median fed funds rate rising to 3.8% in 2026, 3.6% in 2027, and 3.4% in 2028,…

By Marcus Hensley5m ago

Fed Removes Statement Reference to Additional Rate Adjustments

The Federal Reserve has removed language from its post-meeting statement that hinted at further rate cuts, signaling a shift…

By Eliza Farnham5m ago

Fed Lowers 2026 GDP Growth Forecast, Signaling Cautious Stance

The Federal Reserve trimmed its median 2026 real GDP projection to 2.2% from 2.4%, indicating a softer growth outlook. The…

By Eliza Farnham5m ago

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