United States Fed Interest Rate Decision meets expectations (4.5%)

May 7, 2025

Gold price falls as US-China tariff talks ease tensions, Fed in focus

Gold prices retreated by more than 1.50% on Wednesday, driven by an improvement in risk appetite following the announcement of tariff talks between the United States (US) and China. Meanwhile, traders' focus is on the Federal Reserve’s (Fed) monetary policy meeting later in the day.

US President Trump: No to pulling back on tariffs on China

United States (US) President Donald Trump hit newswires just ahead of the Federal Reserve's (Fed) upcoming rate call. The President's talking points hit the usual meandering pace, weaving in and out of a wide spread of topics.