ECB policymakers starting to consider a slower pace of interest-rate hikes
ECB policymakers are starting to consider a slower pace of interest-rate hikes after a likely 50 basis-point step in February, sources say as reported by Bloomberg. “The rapid energy-driven decline in headline inflation is giving the ECB a bit of breathing space, but policymakers will remain focused on persistent underlying pressures for now. If, as […]
XAU/USD aims to extend rally above $1,920 as Fed to ease policy tightening pace
Gold price is looking to extend gains above $1,920.00 decisively amid weakness in the US Dollar Index (DXY). The Fed is expected to scale down the policy tightening pace amid declining inflation. S&P500 recorded a four-day winning streak, portraying a risk-on market mood. Gold price (XAU/USD) has turned sideways after a juggernaut rally to near […]