WS #14082
Weak retail sales and consumer sentiment, but cooling inflation and Goolsbee's patience on rate cuts support a 'higher for longer' but not hawkish Fed stance, with gold and silver rallying on easing rate hike expectations.
Macro Data and Fed Policy
Weak retail sales and consumer sentiment, but cooling inflation and Goolsbee's patience on rate cuts support a 'higher for longer' but not hawkish Fed stance, with gold and silver rallying on easing rate hike expectations.