Gold Extends Loss as US Inflation Data Reinforces Fed Caution : vimarsana.com

Gold Extends Loss as US Inflation Data Reinforces Fed Caution

(Bloomberg) -- Gold snapped nine days of record-breaking gains as underlying US inflation topped forecasts for a second month in February, reinforcing the Fed’s cautious approach to cutting interest rates. Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core Inflation Tops Foreca

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