Gold rebounds as slower growth in US inflation supports steady monetary policy fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Philadelphia Fed Bank President Patrick Harker expressed his support for raising interest rates above 5% and then assessing the impact on inflation. He noted yesterday, "I'm in the camp of getting up above 5 and then sitting there for a while."