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Powell: R&S Centennial Conference November 8, 2023
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Thank you, Stacey, for the chance to be part of this celebration. It is great to be here to honor the Division of Research and Statistics (R&S) and humbling to see so many Fed people who served the institution over long and distinguished careers and have returned for this great occasion. The Fed is one of those places where you can work for a decade or so and still feel like a newbie. For those listening outside this room, I will briefly outline R&S's responsibilities. A large part of the division, along with other divisions at the Board, is engaged in producing the Tealbook, which contains the staff's forecast for the U.S. economy, as well as a great deal of data and analysis on financial and economic issues, and which is delivered to the Federal Open Market Committee (FOMC) before our meetings. Outside of the FOMC meeting cycle, R&S deploys its experts wherever they are needed across the Board, providing crucial inputs to work on financial stability, bank post: *POWELL DOES NOT COMMENT ON OUTLOOK FOR FED POLICY OR ECONOMY
As at end October 2023, the amount of gold held in London vaults was 8,587 tonnes (a 2% decrease on previous month), valued at $551.3 billion, which equates to approximately ...
As the concern with geopolitics peaked, so did gold price. Silver and mining follow. Are you prepared for the likely outcome? In my yesterday’s analysis, I wrote the following ...
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On paper, last week had all the elements to be incredibly bullish for gold. Yields on US government bonds came crashing down, which in turn inflicted heavy damage on the US ...
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- Posted: Nov 8, 2023 9:19am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 7,349
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