Inflation Reports to Determine Gold's Trajectory: All Eyes on CPI and PPI Gold prices are holding steady as investors await crucial U.S. inflation data this week, which will influence expectations for the Federal Reserve’s upcoming interest rate decision. The Consumer Price Index (CPI) due on Wednesday and Producer Price Index (PPI) on Thursday are key indicators that could sway the Fed’s decision between a 25 or 50 basis point rate cut. Currently, traders see a 75% chance of a 25-basis-point cut at the Fed’s meeting next week. The market’s reaction to these inflation figures could potentially push gold to new all-time highs if the data suggests a more aggressive rate cut, while even a 25-basis-point cut scenario is expected to maintain gold’s strong position. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Jamie Dimon Warns of U.S. Debt Crisis as Nation Adds $2.1 Trillion in Three Months READ MORE How One Man’s Wealth Upended Markets from Africa to Asia READ MORE Market Data Hints at Massive Yen Intervention by Japan READ MORE The Commodities Feed: China Buys More Gold in February READ MORE Second Quarter Sees Unexpected Boost in Worker Efficiency, Moderating Wage Growth READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment