Fed Isn't Thinking about Rate Hikes. So Does It Maybe Think about Gold?

From sunshineprofits.com

The Fed Vice Chair says that the Fed will not even think about hiking interest rates until the inflation reaches 2 percent. Meanwhile, the price of gold decreases further. What is exactly happening in the gold market? Over the last week, several Fed officials spoke publicly with the purpose of convincing investors that their new policy strategy would be positive for the economy. Powell himself testified three times before Congress. However, the most interesting remarks were delivered by Richard Clarida, Fed Vice-Chair. On Wednesday, he told Bloomberg Television that the FOMC would not even think about hiking the ... (full story)