Gold Edges Lower as Rate Hikes Continue to Weigh
0348 GMT — Gold prices slip in Asia morning trade after closing higher Friday after U.S. data showed price increases slowed in June, increasing expectations that the Fed’s tightening cycle could be nearing its end. Last week’s interest-rate hikes by the Fed and the ECB “are keeping a lid” on…
#ecb #manishjaradi #jeromepowell #christinelagarde