STRESSEconomicRegional
Gold Holds Decline as Mideast Flare-Up Raises Fed Rate-Hike Bets
Published:
News summary
Gold steadied after a two-day drop as the US and Iran exchanged strikes for the first time in a month, raising the odds of rising energy costs pushing up inflation and pressuring the Federal Reserve to lift interest rates.
- Importance
- Critical · 98/100
- Impact direction
- Negative