Gold retreats as FED officials see U.S. recovery despite risks

Gold declined after Federal Reserve policymakers said the U.S. economy is on the road to recovery despite still facing risks, while traders await consumer price data later Wednesday amid jitters over inflation. The the economic situation is improving, but it’s premature to discuss reducing monetary policy support

Category: Daily Report
Previous Post
Dollar hovers near 10-week lows as inflation expectations skyrocket
Next Post
U.S. Inflation Surges to 13-Year High of 4.2%

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.