Gold prices rose sharply on Thursday as the dollar tumbled and Treasury yields dropped after the Federal Reserve left interest rates unchanged and hinted at three rate reductions in 2024.The Fed decided to hold interest rates steady on Wednesday, and signaled three interest rate cuts next year, citing easing inflation and slowing economic growth.Fed Chair Jerome Powell acknowledged that rate cuts ...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.