Fed's Hawkish Turn: December Hike Odds Hit 88% as Gold Wobbles
Fed officials Goolsbee and Kashkari flag demand-driven inflation and a possible AI-fueled overheating, pushing December rate-hike odds to 88% and keeping Treasury yields elevated. Plus, gold steadies near $4,375 as the September hike and hawkish talk pull bullion in opposite directions. In this episode: • Federal Reserve officials signal aggressive stance on inflation as markets price in more hikes — https://www.marketscreener.com/news/gold-inches-down-on-rising-odds-of-fed-rate-hike-stronger-dollar-ce785adbdc80f227 • Gold steadies as traders weigh inflation and Fed hike outlook —…
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