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Gold
One platform for global traditional assets
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Hot
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Chicago Fed President Austan Goolsbee said that energy-price inflation tied to the war in Iran has proved more persistent than expected, creating a “stagflationary shock” for Asian economies.
At the Fed’s final meeting of 2025, Goolsbee voted against a rate cut, arguing that policymakers should have waited for more data, especially on inflation, before continuing to ease policy.