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'r h' Tuhao Rebate Network
According to reports on March 2, spot gold fell in the short-term in minutes after the Federal Reserve announced to keep interest rates unchanged on Wednesday (July 2). Beijing time:, the minute-term line fell once. The U.S. dollar fell by .%, but the upward trend remained unchanged. The intraday high of the U.S. market reached .$/ounce.
'r h' Since this D data was released just a few hours before the Federal Reserve meeting, some people believe that the D data may affect the Federal Reserve's policy statement. However, early this morning: The Federal Reserve's policy statement was relatively optimistic and seemed not to be affected, so gold prices began to fall.
'r h' The Federal Reserve kept interest rates unchanged
'r h' Specifically, the Federal Reserve decided to keep the federal funds rate unchanged at .% to .% in March, in line with market expectations. Subsequent policy statements showed that the Federal Reserve believes that the job market is solid and the risks to the economic outlook are generally balanced. These have continued to strengthen the prospect of raising interest rates. It is expected that future economic trends will give it reason to implement gradual interest rate increases. However, the Fed decided to wait for a while for more evidence to prove the need to raise interest rates.
'r h' Bank of Tokyo-Mitsubishi UFJ believes: The Fed is waiting for &qsome further evidence&rq, &q一