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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (138328)11/24/2022 9:13:55 AM
From: Goose94Read Replies (1) of 202668
 
Gold: U.S. Fed Sees Slowdown In Rate Hikes

Speaking of central banks, we got some fresh insight into the thinking over at the U.S. Federal Reserve. The minutes from its latest meeting showed that most members of the U.S. central bank concluded it would be appropriate to slow the pace of interest rate increases in the near future, signalling the bulk of its tightening cycle could be in the rearview mirror. As of now, markets are pricing in a half percentage point rate increase from the Fed when it meets for the final time this year in mid-December, something of a downshift from the prior 75-basis-point hike.

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