Fed’s Schmid: Tariffs have elevated economic uncertainty

Kansas City Federal Reserve President Jeff Schmid said that he would remain “squarely focused” on inflation and cautioned that new US import taxes could drive prices higher and bolster rising public inflation expectations.
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Breaking: Gold prices hit an all-time high past $3,170

Gold prices extend their advance and reach a record peak beyond the $3,170 mark per troy ounce on Wednesday.
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