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Gold prices fell slightly on Friday to US$2,377.40 an ounce; Federal Reserve officials' comments tempered expectations of interest rate cuts, trimming gold's weekly gains
Published: May 17, 2024 by Investing.com
UBS expects two 25-basis-point Fed rate cuts in 2024, starting in September, in-line with Fed funds futures markets pricing in 51 bps of cuts this year; April US retail sales weaker than expected, supporting view for soft landing
Published: May 16, 2024 by Investing.com
US industrial production in April was little changed month-over-month with manufacturing output down 0.3%, index for mining down 0.6% and index for utilities up 2.8%; capacity utilization edged down to 78.4% from 78.5% in March: Federal Reserve
Published: May 16, 2024 by Federal Reserve
RBC lowers forecast profile for Canadian dollar to reflect increasingly divergent path for interest rate policy between Canada and US; economists see first Bank of Canada rate cut in June but Fed will move much later in December
Published: May 14, 2024 by Pound Sterling Live
Morgan Stanley predicts Fed won't start cutting rates until September, but remains bullish on call for three 25-basis-point rate cuts in 2024; along with three cuts this year, bank expects four 25-bps cuts through mid-2025
Published: May 08, 2024 by Investing.com

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