Gold down third day ahead of FOMC; track latest prices
The market is cautious and closely monitoring any signals from the Fed regarding monetary policy and potential rate hikes.
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The market is cautious and closely monitoring any signals from the Fed regarding monetary policy and potential rate hikes.
The Federal Reserve announced Wednesday that it is pausing its interest rate hikes, showing that officials believe they are having success in bringing down inflation.
U.S. is on track to grow faster this year than the Federal Reserve previously forecast, leaving inflation disappointingly high and auguring more rate hikes.
Munis did not follow USTs yet, "but given the outperformance of munis over the last couple days and while I wouldn't be surprised if they weaken a little given how expensive ratios are," said Breckinridge's Matt Buscone.
For the first time in more than a year, the Federal Reserve has left interest rates unchanged but ...