Williams: The primary reason for rate cuts is to keep the real interest rate unchanged
ChainCatcher news, according to Golden Ten Data, Federal Reserve's Williams stated that the primary reason for rate cuts is to maintain the real interest rate unchanged as inflation decreases; the second consideration is whether the policy needs to be closer to the neutral rate.
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Spot platinum touches the $1,670 mark, falling 2.40% intraday
Spot platinum has just broken through the $1,670.00/oz mark, now quoted at $1,669.98/oz, down 2.40% on the day; the main Nymex platinum futures contract is currently quoted at $1,677.6/oz, down 1.85% on the day.
The International Energy Agency Council will meet today at 13:00 to discuss releasing oil and diesel reserves.
According to two EU diplomats, the International Energy Agency (IEA) Governing Board will hold an informal meeting at 13:00 local time today to discuss a proposal to release oil and diesel reserves.
The International Energy Agency Council will hold an informal meeting at 1 p.m. today to discuss the proposal to release oil and diesel reserves.
Two European Union diplomats have stated that the International Energy Agency Council will hold an informal meeting today at 1 p.m. local time to discuss a proposal on releasing oil and diesel reserves.
AMD CEO Lisa Su stated that the company is ramping up mass production of HBM4 systems.
AMD (AMD.US) CEO Lisa Su: Increasing efforts to mass-produce systems based on HBM4.
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