The US Federal Reserve decided to raise interest rates
The Federal Reserve decided to raise interest rates by 25 basis points to reach 4.0%, after they were 3.75%, to meet market expectations
Result: Negative for gold while awaiting details from the central bank statement and the press conference by its chairman, Kevin Warsh
Disclaimer: The impact depends on reading the news, not the market’s actual effect
The Federal Reserve decided to raise interest rates by 25 basis points to reach 4.0%, after they were 3.75%, to meet market expectations
Result: Negative for gold while awaiting details from the central bank statement and the press conference by its chairman, Kevin Warsh
Disclaimer: The impact depends on reading the news, not the market’s actual effect
