Gold rose after comments from Federal Reserve Chair Janet Yellen curbed speculation that U.S. interest rates would rise more than once this year.
Fed's Yellen said the Fed would not need to lift rates all that much further to reach current low estimates of the neutral fed funds rate.
Fed Governor Lael Brainard suggested her support for any future rate increases will depend in part on how inflation shapes up.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment