Gold prices dump over 1% on the Fed's ‘mid-cycle adjustment’ and 25 basis point rate cut - FXStreet

Gold prices dump over 1% on the Fed's ‘mid-cycle adjustment’ and 25 basis point rate cut  FXStreet

The Federal Reserve cut rates by 25 basis points today in what Powell called a 'mid-cycle adjustment'. In addition to cutting because of a global slow.

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