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Gold Price Flat vs. Falling US Dollar as 'Necessary Recession' Looms vs. Inflation

Gold prices flat-lined against a weaker Dollar on Monday and fell for UK and Euro investors as recession fears grew ahead of the Fed s next interest-rate hike to fight inflation ....

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Fed to inflict more pain on economy as it readies big rate hike

Fed to inflict more pain on economy as it readies big rate hike
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'Laughably Behind The Curve': The Fed Isn't Doing Enough To Rein In Inflation, Economists Say

The Federal Reserve seems poised to raise the federal funds rate by 0.75% on July 27 to continue its efforts to bring down runaway inflation. ....

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Fed rate increase seen on horizon

WASHINGTON The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow for a car, a home, a business deal, a credit card purchase all of which analysts say will compound Americans' financial strains and likely weaken the economy. ....

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Powell's Fed Set to Go Big and Keep Going Until Inflation Tamed

(Bloomberg) Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates to cool overheated prices. ....

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