The record
Written from the 1 report below. Nothing here is unsourced.
- The US Federal Reserve's Federal Open Market Committee raised the benchmark overnight interest rate by 25 basis points.
- The vote to raise the rate was unanimous.
- The rate hike takes the target range for the benchmark interest rate to 3.75%-4%.
- The report indicates gold prices can be affected by US Fed rate decisions, which matters to gold investors.
What to watch next
- The impact of the rate hike on gold prices
- Key factors the report highlights to watch alongside Fed rate decisions
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Named United States · Federal Open Market Committee · Federal Reserve
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