What Drives Gold — Inflation or the Fed? | Presented by CME Group
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YouTubeBloomberg Television
What Drives Gold — Inflation or the Fed? | Presented by CME Group
Gold is often seen as a hedge against inflation, but the metal’s momentum may depend less on inflation itself than on how the Fed responds. When Fed tightening pushes real yields higher, gold can come under pressure — even when inflation remains elevated. Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg ...
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Kevin Warsh says the Fed has struggled to communicate its commitment to lower inflation
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