The Federal Reserve is set to implement a series of interest rate cuts next week, according to the latest Fed ‘dot plot’, with three 25bp moves seen in 2024, as the US central bank acknowledges that economic growth is likely to weaken going forward. Financial markets however are pricing in a more aggressive set of…

The gold market is trying to hold critical support around $2,010 an ounce as inflation pressures remain relatively unchanged from last month and in line with expectations. Tuesday, the U.S. Labor Department said its Consumer Price Index rose 0.1% last month, following an unchanged reading in October. The data was slightly hotter than expected, as economists…