The Federal Reserve is expected to maintain current interest rates through the first half of 2025 before implementing two rate cuts beginning in September, according to a Bloomberg News survey of economists. President Trump’s trade policies have created uncertainty, causing economists to lower growth forecasts while raising inflation projections. New tariffs on major trading partners like China, Canada, and Mexico have unsettled financial markets and raised concerns about potential stagflation—a combination of slowing economic growth and persistent inflation.

News
Gold, Silver Swing as Ceasefire Cracks
The US-Iran ceasefire is barely holding. Gold closed at $4,768 and silver at $75.60 after wild swings. Oil snapped back above $100 as Iran still controls the Strait. FOMC minutes revealed growing inflation fears and a hawkish shift. Here’s your PM roundup.




