Gold hit a one-week high on Tuesday, as the dollar retreated after a slower-than-expected rise in U.S. inflation
led to uncertainty over the U.S. Federal Reserve’s timeline to taper monetary stimulus.”
Market sentiment currently is leaning towards the belief that the Federal Reserve will announce
hen it will begin to taper in November. However, the September FOMC meeting will conclude with
the Fed releasing its most current “dot plot” which will include/add their assessment for interest rate values in 2024.
led to uncertainty over the U.S. Federal Reserve’s timeline to taper monetary stimulus.”
Market sentiment currently is leaning towards the belief that the Federal Reserve will announce
hen it will begin to taper in November. However, the September FOMC meeting will conclude with
the Fed releasing its most current “dot plot” which will include/add their assessment for interest rate values in 2024.