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Gold Technical Analysis
The Fed last week paused its tightening cycle, maintaining interest rates at 5.00-5.25%. This decision was motivated by their intention to gather additional economic data before deciding on further rate hikes. Their objective is to find the optimal level of policy restraint that can bring inflation down to their target without risking a severe recession.So far, the economic data in the United States has been positive, particularly in the housing sector, which has demonstrated significant resilie...
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Posted: Jun 23 2023, 13:09
Author Name: forexlive
Views: 081183