Gold slides toward $4,880 as Fed hawkish hold crushes rate cut bets
Gold (XAU/USD) remains pressured on Wednesday after the Federal Reserve (Fed) delivered a hawkish hold, with most Fed officials expecting just one rate cut in 2026, contrary to market expectations at the beginning of the year, which priced nearly 60 basis points of easing in mid-February.
Gold (XAU/USD) remains pressured on Wednesday after the Federal Reserve (Fed) delivered a hawkish hold, with most Fed officials expecting just one rate cut in 2026, contrary to market expectations at the beginning of the year, which priced nearly 60 basis points of easing in mid-February.
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