Gold hits 2-week high on hopes of smaller U.S. rate hikes - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 30 November 2022

Gold hits 2-week high on hopes of smaller U.S. rate hikes

Powell said on Wednesday it was time to slow the pace of coming interest rate hikes while also signalling a protracted economic adjustment to a world where borrowing costs will remain high, inflation comes down slowly, and the U.S. remains chronically short of workers.

from Commodities-Markets-Economic Times
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