Gold Eases After Divided Fed Rate Cut Vote; Silver Hits New High
Gold edged lower on Thursday, as traders weighed the U.S. Federal Reserve's divided vote on a quarter-percentage-point interest rate cut, while silver climbed to yet another record high.
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Dems Claim Trump Tariffs Have Cost US Households $1,200
Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress' Joint Economic Committee.
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Fed Cuts Rates by a Quarter Point, Signals Fewer Reductions Coming
The Federal Reserve reduced its key interest rate for the third time in a row Wednesday, trimming a quarter point, but signaled that it may leave rates unchanged in the coming months.
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