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Business & Finance

Gold Steady as Softer Inflation Data Tempers Fed Rate-Hike Bets

Bloomberg Markets Thursday 01 October 2026, 00:08 UTC By Yvonne Yue Li 1 min read
Key Points

Gold opened the month steady as softer inflation data lowered bets the Federal Reserve will raise interest rates at its next meeting, while high bond yields left the door open to renewed selling.

Gold opened the month steady as softer inflation data lowered bets the Federal Reserve will raise interest rates at its next meeting, while high bond yields left the door open to renewed selling.
the Federal Reserve (ORG)
Originally published by Bloomberg Markets Read original →

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