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US Fed, hurry up and hike

The Fed's first move will remove uncertainty, turning focus to speed of rate rises

Gareth Tredway
Janet Yellen chair of the Fed's board of governers, is expected to announce a rate hike soon. (Photo: Day Donaldson)

Janet Yellen chair of the Fed's board of governers, is expected to announce a rate hike soon. (Photo: Day Donaldson)

In September, when rates stayed on hold due to “uncertainties abroad” and the likelihood of an increase was seemingly pushed into next year, the gold price gained, eventually exceeding its 200-day moving...

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