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Gold set for a weekly drop as traders assess Fed signals

Gold prices were largely steady on Friday and were on track for a weekly loss ‌as traders weighed the prospect of further Federal Reserve rate hikes this year following a run of hotter-than-expected US inflation data.

Sources (1)· Oct 16, 6:19 PM

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Reuters· Oct 16, 6:19 PMGold set for a weekly drop as traders assess Fed signals

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Fed chair Warsh says price stability is key but shies away from signals about ratesU.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings.

WDIV ClickOnDetroit1d agoWhole story →

Economy fed rate hike decision

Fed officials expect another rate hike will be needed this year: meeting minutesMost Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank’s most recent meeting.

New York Post6d agoWhole story →

Economy fed rate hike decision

Fed's Musalem says tighter monetary policy needed to lower inflationSt. Louis Federal Reserve President Alberto Musalem said on Thursday the US central bank will need to hike interest rates again to bring inflation back to ‌its 2% target, although he declined to say what policymakers should do at their meeting later this month.

Reuters9d agoWhole story →

Economy fed rate hike decision

Fed grows more hawkish on inflation but sees room to wait on rate hikesOfficials at the Federal Reserve are taking an increasingly hawkish outlook on combatting inflation, signaling more interest rate increases are likely to come.

WJLA9d agoWhole story →

Economy fed rate hike decision

Ticker: Fed minutes: Another rate hike likelyMost Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank's most recent meeting.

The Boston Herald10d agoWhole story →

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