It's Jackson Hole speech day
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Heading into Fed Chair Jerome Powell's pivotal speech, financial markets are not completely convinced the central bank will cut interest rates next month. The FedWatch tool from CME, which is based off the trading in fed funds futures,
Gold prices fell on Thursday, pressured by a firmer dollar, while investors looked to the U.S. central bank's annual Jackson Hole symposium later in the day for further policy cues.