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NicoTradingMaster

More data needed before rate cuts for XAU to fall

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The US central bank still needs more data before cutting interest rates to ensure the recent weak inflation figures accurately reflect underlying price pressures.

Previous data showed U.S. jobs rose to 8.14 million in May.
Friday (US time), which will be important in assessing whether the US labor market remains resilient amid decades of high interest rates.
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