©Reuters
Investing.com – New data indicates that only 9 of 12 Fed members approved a 75 basis point rate hike in November. Which means it is not a general consensus of all members.
He reversed losses today to add now at 10:10am by 0.14%, erasing today’s losses.
The Fed’s comments on the shutdowns in China led the Dow Jones to close down nearly 500 points.
The US is sitting at 106.618, with no big move today, after yesterday’s gains.
Today, it rose 0.61% to $1,752 an ounce after declining yesterday following statements by Federal Reserve members about continuing to hike rates through 2024.
And it rose for the second day in a row, after the news of the reduction of OPEC+ oil production at its meeting on December 4th.
It records $84.74 a barrel and West Texas Intermediate crude $78.42 a barrel.
