Will Fed's Cap On Interest Rates Trigger Gold's Rally?

From sunshineprofits.com

Last week, the FOMC released the minutes from its last meeting. What implications do they carry for the gold market? Last week, the FOMC has published minutes of its meeting from April 28-29. They show that the Fed reassessed the coronavirus economic implications since the previous meeting at which the central banks did not yet grasp the full gravity of the situation. This time, they acknowledged that "the second quarter would likely see overall economic activity decline at an unprecedented rate." Indeed, as we reported many times, the GDP will collapse, while the unemployment rate will soar to the levels not seen ... (full story)