Investors are now looking forward to see if the U.S. Federal Reserve “will tolerate inflation and put economic growth over monetary (growth),” Commerzbank’s Weinberg said.
Fed Chair Jerome Powell is due to speak at a gathering of central bankers in Jackson Hole, Wyoming, on Thursday, where he is expected to provide further clarity on the U.S. central bank’s efforts to revamp its approach to monetary policy.
https://www.reuters.com/article/global-precious/precious-gold-slips-as-…
August 25, 2020