Gold prices are consolidating during the Asian session on Thursday after strong growth the day before, due to the emergence of an ambiguous report on inflation in the US, which, although it reflected the increase in prices, also indicated a decrease in their growth rates, which may give the US Fed additional time to choose a vector for monetary policy. However, such insignificant fluctuations in the dynamics of inflation are unlikely to have an impact on the decision of the American regulator. Many members of the Federal Open Market Committee are in favor of tightening monetary policy, and so far only reducing the quantitative easing program is in question. Obviously, interest rates will remain low for a long time to come.
