Gold advances as inflation data fuels Fed rate cut optimism
Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood of a Federal Reserve rate cut next week, while investors awaited U.S. Producer Price Index (PPI) data for further direction on monetary policy.
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal ...
19hon MSN
Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
The South African rand was steady against the dollar on Thursday, after the release of third quarter employment data and ...
Annual inflation rates increased last month. The U.S. Bureau of Labor Statistics released its latest Consumer Price Index, a key marker of inflation, which showed that consumer prices rose 0.3% in ...
Forecasters expect a monthly report on US consumer prices to show a fourth-straight month of firm increases in prices, ...
Inflation has barely budged in recent months, and that trend is likely to continue in November, as measured by the Consumer ...
An update on November price pressures is the likely highlight for U.S. markets this week, before the Federal Reserve’s last ...
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