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More US Fed pain seen next week

The US Federal Reserve is expected by economists to raise interest rates by another 75 basis points (bps) on 2 November, likely shaping gold prices, increasing the prospects of recession as well as lower inflation.

More US Fed pain seen next week More US Fed pain seen next week More US Fed pain seen next week More US Fed pain seen next week More US Fed pain seen next week

US Fed Reserve's Powell expected to lift rates

The Federal Open Market Committee is expected to raise interest rates for a fourth consecutive meeting next week as its tackles 40-year high inflation.