US university of Michigan consumer sentiment data also showed improvement in inflation expectations. 1-year inflation expectations dipped from 4.8-4.6 per cent while 5-year inflation expectations eased from 2.9-2.8 per cent. 1-year inflation expectations topped near 5.4 per cent.
from Commodities-Markets-Economic Times
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Sunday 18 September 2022
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Gold slips to April 2020 lows as US Fed likely to continue with aggressive tightening