Gold: Time To Load Up The Van

Sep. 24, 2023 6:22 AM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , , 37 Comments

Summary

  • The Federal Reserve keeps its key interest rate unchanged, signaling moderation in its stance against inflation.
  • Inflation pressures have eased, but consumer inflation remains above the Fed's 2% target.
  • The Fed expects to raise rates once more this year and maintain high rates well into 2024, with fewer cuts than previously expected.

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chaofann

Fundamentals:

The Federal Reserve has kept its key interest rate unchanged, a sign of moderation in its stance against inflation as inflation pressures have eased. Consumer inflation has reduced to 3.7%, but it remains above the Fed's 2% target. The Federal Reserve expects

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