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US Federal Reserve could still surprise gold

The US Federal Reserve is expected by most economists and market participants to approve its third consecutive interest rate increase of 75 basis-points today and to signal plans to further raise the benchmark rate to over 4% to combat inflation.

Steven Swindells
US Federal Reserve to announce rates

US Federal Reserve to announce rates

But some believe the Federal Reserve could still surprise markets with a full percentage point increase and hawkish messaging, moves which could potentially lead to further selling in gold - already close...

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