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US Fed lifts rates by 75 bps, signals smaller increases

Signals that future rate hikes will take into consideration impact of higher interest rates

Steven Swindells
US Federal Reserve lifts rates

US Federal Reserve lifts rates

But the central bank also signaled that future increases in rates would be made in smaller steps to account for "cumulative tightening of monetary policy". Spot gold prices gained 1% on the news on...

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