Federal Reserve Chair, Jerome Powell has said that inflation could still have some surprises in store for consumers and the economy, despite renewed efforts to cool its current red-hot levels, with some of the factors fuelling record levels out of the control of the...

The latest Purchasing Managers (PMI) Index data has given gold price levels a boost after it failed to dampen fears of an incoming recession. The PMI data, released earlier this week by IHS Markit, fell short of analyst expectations and saw the PMI reading notably...

A number of banks say the threat of recession has sharply increased as a result of Federal Reserve actions, with Wall Street now expecting the worst for markets. On Monday, Goldman Sachs revised ups its expectation for a recession, from a previous 15% threat level to...