Gold eased as weaker-than-expected private sector payrolls data fed into a more cautious view on the pace of U.S. interest rate hikes and Treasury yields firmed.
Fed’s minutes showed a lack of consensus among policymakers over the outlook for inflation and how it could impact on the future pace of interest rate increases.
Several officials also wanted to announce a start to the process of reducing the Fed's large portfolio of Treasury bonds and mortgage-backed securities by the end of August.
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