Fed Says No Hikes In 2020. What About Gold?, by Arkadiusz Sieroń
Editor’s Introductory Note; I’ve found Arkadiusz Sieroń to be one of the best of the modern precious metals markets analysts. I selected the following article. It was not solicited. It is re-posted with permission. — The Fed kept the interest rates unchanged in December. The statement was rather hawkish, while the dot-plot rather dovish. What does such a mix imply for the yellow metal? Fed Keeps Interest Rates Unchanged Yesterday, the FOMC published the monetary policy statement from its latest meeting that took place on December 10-11th. In line with expectations, the U.S. central bank left the federal funds rate …