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 South African rand was steady against the dollar on Thursday, after the release of third quarter employment data and ...
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Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to ...
Bond traders are on high alert for a fresh dose of inflation data out on Wednesday that could determine whether Federal ...
The consumer price index’s housing measure, the shelter index, decelerated in November, but the price growth in this sector ...
Newly released federal pricing data show that annual inflation rates increased last month. The U.S. Bureau of Labor ...
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 ...
While economic growth fears have ebbed, inflation is inching higher, and November CPI will set the tone for the stock market ...
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