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Fed minutes reveal hawkish tone with potential rate hikes if inflation persists, four dissents mark deepest divide since 1992. Rising energy prices and tariffs complicate disinflation efforts, pressu…
Bitcoin declines 0.9% to $80,666 amid U.S.-Iran geopolitical tensions and stronger-than-expected inflation data, prompting markets to price in higher Federal Reserve rate increases by year-end.
Gold falls near $4,650/oz amid accelerating US inflation data, with wholesale prices surging fastest since 2022. Fed rate hike expectations rise, pressuring precious metals as markets rule out 2024 r…