Gold set for a weekly drop as traders assess Fed signalsGold 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.Reuters1d agoWhole story →Economyfed rate hike decision
NY Fed service sector survey finds notable price pressuresService sector business leaders reported widespread pricing woes in October and a downbeat outlook for activity, according to a report released Friday by the Federal Reserve Bank of New York.Reuters1d agoWhole story →Economyinflation report
Fed's Warsh sees US resilience, mum on rate-path viewFederal Reserve Chairman Kevin Warsh voiced optimism on Friday about US economic strength and surprise about how well global economies have been "hanging in there" amid continued energy shocks and tighter monetary policy to fight inflation.Reuters2d agoWhole story →EconomyPlanet
