Gold Gains on Easing Fed Rate Hike Hopes, Physical Demand - WSJ

Gold Gains on Easing Fed Rate Hike Hopes, Physical Demand  WSJ

Bloomberg's Mike McKee said that Fed minutes reflect Kevin Warsh's comment that the FOMC meeting was an 'old fashioned family fight' as members argued over inflation and the potential for a rate hike. Minutes showed that several Federal Reserve officials were in favor of an interest-rate hike last month and said that p

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed

Three regional Fed presidents voted for a quarter-point increase, and many other officials said tightening would be needed if inflation didn't fall

The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.

The minutes make clear that Federal Reserve officials remained divided over the inflation outlook.

Gold rose for a third straight session on Tuesday as ‌fears of a U.S. interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve's latest meeting for fresh clues on the monetary policy path.

Gold extends gains on easing rate-hike fears, markets await Fed minutes  Reuters