Global markets are bracing for another volatile week as the Federal Reserve prepares to announce its interest rate decision on Thursday. This follows a turbulent period where gold prices hit an all-time high of $4,381 before plummeting over 5% in a single day, marking its largest drop in nearly a decade. Despite some stabilization, gold closed lower for the first time in ten weeks.
Key events include Federal Reserve Chairman Powell's monetary policy press conference and speeches by Dallas Fed President Logan, a 2026 FOMC voting member. Market participants are keenly watching for any changes in the Fed's language regarding future policy, especially concerning a potential quarter-point rate cut. Any deviation from the expected path of rate cuts could lead to market disappointment.
Fed's Upcoming Decision and Gold's Volatility Highlight Market Focus
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