کینساس سٹی فیڈ کے شمڈ: مہنگائی 'ضدی'، شرح سود غیرمحدود

Kansas City Fed's Jeffrey Schmid noted that US inflation is "stubborn" and "sticky," indicating the current policy rate is not sufficiently restrictive. Schmid stopped just short of explicitly calling for an interest rate hike, but his remarks suggest a hawkish stance within the Federal Reserve. Such signals could strengthen the US dollar (DXY) and potentially exert downward pressure on international gold prices, impacting local gold and USD/PKR rates.

بحوالہ / Source: www.cnbc.com