The Federal Reserve will raise interest rates. But the Federal Reserve may #announce that it will raise interest rates only #four times in 2022, instead of six steps. The Federal Reserve can not #accelerate interest rates as the crisis in #Ukraine intensifies.
The #risk of an ounce of #gold rising before the US #Federal Reserve's interest rate meeting is #increasing and the US Federal Reserve meeting will be held on #Wednesday.
In #particular, market interest rate expectations have been #strengthened by a 0.50% increase in interest rates in March. The US #employment data was also interesting. The #growth of the US #NFP index has reached 467 thousand units.
Two weeks ago, #gold fell #sharply in response to the US #Federal Reserve's interest rate meeting, but last week saw a one percent #increase in the price of an ounce of global gold. Market sentiment shows that the #market is having #trouble determining the #next trend.
The #gold market is #plagued by conflicting forces, #especially as the global #economy is plagued by rapid inflation. However, intensifying inflationary #pressures is accompanied by a change in the tone of central #banks.