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U.S. data reinforces Fed's hawkish stance
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2024-12-20 06:03 3,063
Golden Finance reported that data showed that the U.S. economy grew faster than expected in the third quarter, and the number of people applying for unemployment benefits also fell more than expected. Bart Melek, head of commodity strategy at TD Securities, said that GDP data and jobless claims are quite strong, and the solid economy and inflation risks once again prove that the Federal Reserve has little reason to be aggressive, which is traditionally not good for gold.
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