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Factory inflation in the US shows no signs of easing. Gold is under pressure because of the rising dollar

Factory inflation in the US shows no signs of easing. Gold is under pressure because of the rising dollar
By JustMarkets In the US, the Producer Price Index (PPI), which shows the rate of inflation between factories and plants, rose by 0.7% over the past month. Meanwhile, initial jobless claims fell again, indicating a strong and resilient labor market. Fed officials are once again scaring investors into returning to more rate hikes as demand […]... Read More
Posted: Feb 17 2023, 12:55
Author Name: investmacro
Views: 102140

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