๐Ÿšจ BREAKING:
๐Ÿ‡บ๐Ÿ‡ธ FED SIGNALS MORE RATE HIKES AS INFLATION PRESSURE REMAINS HIGH

๐Ÿ“ˆ The Federal Reserve is maintaining a hawkish stance, with policymakers showing stronger support for possible interest rate hikes as early as September to fight persistent US inflation

๐Ÿ”ฅ Fresh data shows the PCE inflation index jumped 4.1% year-over-year through May โ€” the highest level since April 2023

โš ๏ธ Richmond Fed President Tom Barkin warned inflation remains stubborn, saying the Fed is not ready to ease its fight yet

๐Ÿ’ต Higher rate expectations pushed the US dollar to its strongest level since last November, pressuring metals like copper and sending gold slightly lower near $4,055/oz

๐ŸŒ Markets remain on high alert as investors watch the Fedโ€™s next moveโ€ผ๏ธ

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