US Federal Reserve

Traders are expecting US borrowing costs to stay unchanged later in October

Most US central bankers expect another quarter-point hike by the end of the year

When – and not if – equities eventually wobble, the diversification benefit will be needed most

In the US, solid economic growth has been bolstering the job market, allowing the Fed to zero in on inflation

This comes as Trump says Fed chair Warsh should have voted against the central bank’s rate hike

Inflation has been above the Federal Reserve’s goal of 2% for more than 5 and a half years

Gross domestic product increases at upwardly revised 2.2% rate in second quarter

Elevated yields and lingering tightening risks leave bullion vulnerable to further selling, says an analyst

Officials have penciled in one more increase by the end of the year when it raised rates in September