Gold Gains as Easing Fed Hike Expectations Pressure Dollar - WSJ
Gold Gains as Easing Fed Hike Expectations Pressure Dollar - WSJ
Source: WSJ
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DW NOTE
The Fed isn't easing — it's on hold because inflation sits at 3.5%, well above target. Gold is rising because the dollar is falling under the weight of a $1.9 trillion deficit, not because the central bank is preparing to cut rates it cannot cut.