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By AI
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- Stocks: Investors looked past the escalating conflict between Iran and Israel, even as President Trump mulled his options for a US intervention, and stocks rose ahead of today’s Federal Reserve meeting.
- Economy: Trump called Jerome Powell “a stupid person” hours before the Fed Chair decided to keep interest rates where they were Stocks fell thanks to the Fed’s prediction that inflation will rise to 3.1% by the end of the year, above previous forecasts of 2.8%.
- Commodities: Gold fell just a hair as analysts called the commodity’s top, while platinum climbed to a four-year high.
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Filed under: "Ask-an-Advisor", economics, finance, Funding Basics, Glossary Terms, Investing, Portfolio Management | Tagged: commodities, economy, fed, FOMC, gold, Iran, Israel, platinum, Powell, stocks, Trump |
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