Thursday Outlook: Stock rush pauses on gloomy Fed outlook – ZAWYA

Thursday Outlook: Stock rush pauses on gloomy Fed outlook – ZAWYA

Gold rises, dollar bounces as Fed forecasts hit mood. Trader Michael Urkonis works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 28, 2020.. Gold hits over 1-week high on gloomy U.S.. Fed's gloomy outlook steadies dollar slide, for now Fed sees U.S. growth -6.5% in 2020, promises to keep policy easy.