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Fed Rate Hike Dot Plot Signals Tightening; Gold Plunges as China and Japan Sell US Treasuries

Source: xnews.jin10.com
The Federal Reserve announced a rate hike, with its dot plot signaling continued tightening this year, sending gold down more than $130 intraday. Trump once again called for rate cuts, while China and Japan simultaneously reduced their holdings of U.S. Treasury bonds.

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