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· 3hGold set for weekly decline as US inflation data dims Fed rate cut hopes
Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after hotter-than-expected US inflation data dampened prospects for a super-sized September rate cut by the Federal Reserve.
19hon MSN
PPI spike: US producer prices inflation hit 3-year high in July, tariffs add pressure on businesses
US producer price inflation soared in July, reaching its highest level since 2022, fueled by rising service and goods costs.
10hon MSN
Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
But another argument for the limited impact is gaining traction: that tariffs being paid by importers are lower than ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
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