Gold prices climbed higher on Tuesday as the dollar shed ground and bond yields dropped amid bets the Federal Reserve will start reducing rates next year..
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Federal Reserve Chair Jerome Powell faced concerns from residents, community leaders, and business owners in York, Pennsylvania, about inflation and uncertainty. People expressed difficulty in making ends meet due to rising prices and a lack of accessible child care. Business owners highlighted the challenges of operating in an unpredictable environment. Powell assured them that the central bank is aware of these pressures and is taking steps to stabilize the economy, protect jobs, and tame inflation.
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