This week's news is about the American economy and how it affects things like gold prices. The news is a little complicated, but here's the simple version:
- Inflation in America is going down a bit, but not completely.
- The price of gold is going up because people are worried about things like trade wars.
- Experts aren't sure what will happen to interest rates (how much money costs to borrow).
Thing | What happened |
---|---|
Inflation | Slightly lower than expected |
Gold price | Near record highs |
Interest rates | Probably won't change soon |