The U.S. central bank raised rates by 75 basis points (bps) four times last year, before slowing to a 50 bps increase in December. Traders are mostly pricing in a 25 bps rate hike increase at the Fed's next policy meeting.
from Commodities-Markets-Economic Times
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Wednesday 18 January 2023
Gold stalls as firmer dollar counter slower rate-hike hopes
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