China’s central bank bought more gold in June, extending the longest buying streak since at least 2015 and underscoring a commitment to diversifying its reserves despite volatility in bullion prices.
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China’s central bank bought more gold in June, extending the longest buying streak since at least 2015 and underscoring a commitment to diversifying its reserves despite volatility in bullion prices.
Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.
An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…