Markets now see a 25% probability of a July rate cut, with chances of two rate cuts this year rising to 70%. However, if the Fed hints at a slower pace of easing, the dollar may strengthen—putting pressure on bullion.
Markets now see a 25% probability of a July rate cut, with chances of two rate cuts this year rising to 70%. However, if the Fed hints at a slower pace of easing, the dollar may strengthen—putting pressure on bullion.