Tag: Fedspeak

Gold Drops as Markets See Hawkish Fedspeak at US Rate Meeting

(Bloomberg) — Gold fell — narrowing what is set to be its third straight month of gains — as investor focus turned to this week’s Federal Reserve rate-decision meeting at which policymakers are expected to strike a hawkish tone. Most Read from Bloomberg Bullion edged lower to trade around $2,320 an ounce — though it […]

Stocks slide after Fedspeak as oil surges, March jobs report on deck

After successfully fending off activist investor Nelson Peltz, Disney (DIS) CEO Bob Iger says the company’s board is focused on the future — in particular, who will be the entertainment giant’s next CEO. In an interview with CNBC on Thursday, Iger said succession planning remains the most important focus area for Disney, categorizing it as […]