Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
According to the report, higher shelter costs and rising gasoline prices were the two biggest factors driving inflation last month. “We still believe there is plenty of disinflationary pressure to feed through, particularly with unit labour cost growth back down to its pre-pandemic rate. On balance, we expect the Fed to begin cutting interest rates in June, by which time there will be more evidence of core PCE inflation moving close to the 2% target. But that will now require a shift in tone in the March CPI data,” said Paul Ashworth, Chief North America Economist at Capital Economics.
The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.
- The gold market is seeing some solid selling pressure Tuesday following hotter-than-expected inflation numbers; however, this correction could be a short-lived buying opportunity for investors who missed the initial rally, according to one market strategist. - The Séguéla mine in Côte d’Ivoire and the recently acquired Diamba Sud gold project in Senegal are “the two high-value opportunities,” says Jorge Ganoza, president & CEO of Fortuna Silver Mines .
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »