Analyst: Rising CPI should curb the possibility of a Fed rate cut
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币界网报道：According to Han Tan, chief market analyst at Exinity Group, "The market is well aware that the road to a trade agreement between major economies is not smooth. As long as there is a risk of further escalation in global trade tensions, or even just remaining high for a longer period of time, gold should continue to be supported." CPI may provide investors with more guidance on the Fed's policy path. "The market expects CPI data to rise, which should curb the possibility of a Fed rate cut." Tan added. "We expect silver prices to reach $38/oz in the coming months. Market deficit considerations and a weaker dollar are key factors for further price increases, with the potential to test $40/oz."
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Analyst: Rising CPI should curb the possibility of a Fed rate cut
- "It is clear to the market that the path to a trade deal between major economies is not sm...
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