The Federal Reserve expressed concerns that this robust economic activity could lead to continued inflationary pressures, potentially necessitating further tightening. Moreover, the extension of the OPEC+ output cut led to a rise in oil prices, contributing to inflationary risks
Gold prices remain under pressure amid strong US economic data; focus now on CPI data this week
Date:
More like thisRelated
Trump Signals a Crackdown on Legal and Illegal Immigration
The president plans to suspend refugee resettlement and declare...
Trump Goes After Mexico by Designating Drug Cartels Terrorist Organizations
Designating cartels as terrorist organizations could allow the feds...
From My ‘Commonplace Book,’ No. 9: Thomas Mann, Richard Wagner, and Adolf Hitler
There's nothing like a look back at Germany in...