Gold flat as firm dollar, U.S. rate-hike outlook dent appeal | Economic Times - Jobs World

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Monday, October 10, 2022

Gold flat as firm dollar, U.S. rate-hike outlook dent appeal | Economic Times

Gold flat as firm dollar, U.S. rate-hike outlook dent appeal https://ift.tt/ECJKsNl U.S central bank is clear on the need for restrictive monetary policy to lower inflation, Fed Vice Chair Lael Brainard said on Monday, but the path and pace of rate increases will remain "data-dependent" as the central bank monitors the economy and the evolution of domestic and global risks.

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