* Biden and Indian President Modi to announce “fresh start” for trade disputes
* US economy appears much less sensitive interest rates than economists thought
* CDC Advisors recommend RSV vaccine approved for seniors
* Bank of England raised 1/2 percentage point interest rate to fight inflation
* Sales of existing homes bordered in May, but remain significantly lower than the previous year
* Sale price of existing homes in the United States fell in May compared to the previous year by most in more than 11 years
* Homes for sale fall to lowest on record in May, reports Redfin
* US Unemployment Claims stay relatively high history compared to recent history
* US leading economic indicator predicts recession departure end of 2023/beginning of 2024:
The price of gold is hit as the market focuses on the Federal Reserve’s continued hawkish bias. “If the economy performs as expected, it might be appropriate to raise rates twice this year,” Powell said. testified Thursday before the U.S. Senate Banking, Housing, and Urban Affairs Committee. “We kept our pace to give ourselves more time to make those decisions. We are committed to controlling inflation. Gold closed down 1.1% yesterday (June 22), falling below $1,924 an ounce, a three-month low.
