Similar Stories to Gold Loses Luster As Fed Decision Looms on Bing News

The precious metal’s mini-rally during a period of significant global market turbulence in August appears to have fizzled out, with investors refocusing on the likelihood of a Fed rate increase in coming months.

Topics:  august   fed   
BING NEWS:
  • Gold climbs as cooling US inflation bolsters Fed rate cut bets
    Reuters Graphics The consumer price index data "could be an early indication that over time inflation will cool and the Fed will make its first interest rate cut," said Phillip Streible ...
    05/15/2024 - 7:30 am | View Link
  • Gold Forecast and News
    60.9 previous and 60.0 expected. Weak data revived bets for a September interest rate cut by the US Federal Reserve (Fed). Markets are currently pricing in about a 52% chance of a 25 basis points ...
    03/17/2023 - 5:10 am | View Link
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