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December 9, 2024

CPI and PPI Reports: Will They Influence Dollar or Boost Gold Ahead of Fed Decisions?

The upcoming November inflation reports, including Consumer Price Index and Producer Price Index data, are set to alter market dynamics. These key figures will play a significant role in guiding the Federal Reserve’s forthcoming decisions, impacting the U.S. dollar and gold markets. Traders and investors must stay alert, as fluctuations in inflation data could shift interest rate expectations and market positions significantly in the coming weeks.

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