Analyst: Powell's Tone and Guidance Are Market's Top Concern

BlockBeats News, September 15th: The price of gold traded flat on Monday as investors avoided making big bets ahead of the Federal Reserve's meeting this week. Ricardo Evangelista, Senior Analyst at ActivTrades, said, "It is widely expected that the Federal Reserve will cut interest rates by 25 basis points. However, there is still uncertainty about Powell's tone at the end of the meeting and the guidance he will provide for future policy decisions." (FX678)