according to analysts-this could mean the Gold is ready for the next spark, As gold managing to trade well above $1,500 an ounce as Fed proceeded with its widely expected "hawkish cut.
Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook; the Fed will not ready to hike unless there is "a significant move up in inflation."
Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook; the Fed will not ready to hike unless there is "a significant move up in inflation."
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