Tag: temper

China’s Gold Imports Slow as Record Prices Temper Demand

(Bloomberg) — China’s bullion imports slowed last month as demand in the world’s biggest consumer begins to buckle in the face of record prices. Most Read from Bloomberg Overseas purchases of physical gold fell to 136 tons in April, a 30% decline from the previous month and the lowest total for the year, according to […]

Investors temper US rate cut bets as Fed meeting looms

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy and pushback from central bank officials is leading some investors to rethink their bets on how quickly the Federal Reserve will cut rates this year, a shift that is rippling through Treasury and foreign exchange markets even as stocks sit near record highs. […]