Gold prices moved sharply higher on Friday as the dollar fell and bond yields dropped amid rising bets the Federal Reserve is likely to end its tightening cycle.
However, during his speech at Spelmen College today, Fed Chair Jerome Powell acknowledged recent signs of slowing price growth but said the Fed is committed to keeping monetary policy restrictive until officials are confident inflation is on a path to 2%.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.