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investingLive Americas market news wrap: Hawkish Fed worries ebb after PPI

US October PPI +6.5% vs +6.6% expected Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that Goldman Sachs: We can explain almost…

US October PPI +6.5% vs +6.6% expected Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that Goldman Sachs: We can explain almost the entire US inflation overshoot by tariffs and the war in Iran Fed's Collins: I would think some additional policy tightening is warranted soon Fed's Daly: In all likelihood, we need to raise rates Markets: USD leads, AUD lags WTI crude oil up 43-cents to $89.17 US 10-year yields up 3.8 bps to 5.14% S&P 500 down 0.4%, Nasdaq down 0.9% Go

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US October PPI +6.5% vs +6.6% expected Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that Goldman Sachs: We can explain almost the entire US inflation overshoot by tariffs and the war in Iran Fed's Collins: I would think some additional policy tightening is warranted soon Fed's Daly: In all likelihood, we need to raise rates Markets: USD leads, AUD lags WTI crude oil up 43-cents to $89.17 US 10-year yields up 3.8 bps to 5.14% S&P 500 down 0.4%, Nasdaq down 0.9% Go

  • Goldman Sachs
  • $3,880/oz
  • 2026-11-13
  • Source: https://investinglive.com/news/investinglive-americas-market-news-wrap-hawkish-fed-worries-ebb-after-ppi

Topics: Goldman Sachs, gold research report, gold price target