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Gold rebounds as Fed Chair Warsh signals inflation risks have cooled
Gold prices rebounded roughly 2% to around $4,090 after Fed Chair Kevin Warsh signaled inflation risks have cooled, lifting Bitcoin above $60,000 as well.
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coindesk.com
Bitcoin (BTC) climbs toward $60,000 level after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.
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morningstar.com
U.S. Crude Oil Inventories Extend Decline — -2-
0739 GMT - Gold prices slip back below $4,000 a troy ounce ahead of Fed Chairman Kevin Warsh's speech at the European Central Bank Forum in Portugal. "The market has yet to…
