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Gold expected to continue its upward trend
The Jackson Hole Economic Policy Symposium held last week was a significant annual gathering where central bankers, policymakers, economists and scholars convened to discuss economic challenges and the policy options available. A key focal point of the event was Federal Reserve Chairman Jerome Powell’s speech on Friday, which investors hoped would provide an insight into the Fed’s intentions regarding interest rate cuts. Earlier in the week, minutes from the Federal Open Market Committee (FOMC) meeting were published, revealing that a majority of Federal Reserve members acknowledged ongoing inflation risks ... (full story)