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The Fed Agrees On A Plan To Reduce The Size Of US$120 Billion In Bond Purchases Each Month / Twelve US Military Personnel Were Killed In The Afghan Capital, Driving The Price Of Gold Back To $1,800

The Fed Agrees On A Plan To Reduce The Size Of US$120 Billion In Bond Purchases Each Month

US Federal Reserve Bank of St. Louis President Brad said that the Federal Reserve is agreeing on a plan to start reducing the size of US$120 billion in bond purchases per month, and expects Chairman Powell to make a good assessment of the current situation on Friday (27th). , And called on the bureau to end the bond purchase plan early next year. In addition, President George of the Kansas City Federal Reserve Bank of the United States said that the basic outlook indicates that there will continue to be employment growth, and inflation data is also strong. In view of the expected continued employment growth and economic growth, the Fed should begin to reduce the monthly debt purchases sooner rather than later. Affected by the hawkish remarks of two Fed officials, the US exchange rate rebounded slightly to the level of 93 index points.

Twelve US Military Personnel Were Killed In The Afghan Capital, Driving The Price Of Gold Back To $1,800

At least two violent explosions occurred in the Afghan capital Kabul yesterday, one of which was located near the embassy area. According to local media reports, at least five explosions occurred in the capital yesterday, with the total number of casualties unknown. The US Central Command Commander Mackenzie confirmed that at least 12 US military personnel were killed in the incident, and at least 15 US military personnel were injured. The news rekindled the market's attention to the geopolitical situation in Afghanistan, and the market's risk aversion sentiment rose again, which drove the price of gold back to a level close to US$1,800.


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