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Gold prices hovers near week-high after Fed Chair Powell’s statement
The Fed raised interest rates by a quarter-of-a-percentage point on Wednesday, setting the benchmark overnight interest rate in the 5.25%-5.50% range, and highlighting that another 25 bps hike could be possibly at the September meeting based on a wide range of data. Read Full Story at source (may require registration) The post Gold prices hovers near week-high after Fed Chair Powell’s statement appeared first on ForexTV...
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Posted: Jul 27 2023, 05:14
Author Name: forextv
Views: 1105100