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0 -0.000389559797428966 0.00272691858200235 -0.00701207635372028 -0.00194779898714455 -0.00428515777171821 -0.00934943513829408 -0.0112972341254386
Stock impact report

Gold Tumbles as Powell's Inflation Concerns Dash Easing Bets [Yahoo! Finance]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: Yahoo! Finance
Bond yields and the dollar extended gains as Powell said it's important to keep interest rates mildly restrictive, while traders scaled back their expectations for a reduction this year. That sent bullion down by 3% as it's priced in the US currency and typically performs well in a lower-rate environment. Most Read from Bloomberg Trump Signs Order to Launch Vance-Led Anti-Fraud Task Force Russian Oil Bound for China Is Diverted as India Grabs More US Carrier Involved in Iran Fight Heads Back to Port After Fire Samsung to Stop Selling $2,899 TriFold Phone After Three Months Europe Stands Up to Donald Trump Threats Over Iran War Support In a widely expected move, Fed officials left interest rates unchanged and continued to forecast one rate cut this year as they acknowledged increased uncertainty due to war in the Middle East. The committee said it's “attentive to the risks of both sides of its dual mandate” to maximize employment and keep prices stable. “Powell has som Show less Read more
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