US 10-year Yield Hits 5% on Powell’s Comments, Gold Exceeds $1980 per Ounce
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<p>‘Additional evidence of persistently above-trend growth, or that tightness in the labour market is no longer easing, could put further progress on inflation at risk and could warrant further tightening of the monetary policy’ said the Federal Reserve (Fed) Chair Jerome Powell at the Economic Club of New York yesterday. September’s 336K NFP read, higher-than-expected […]</p>
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