Fed Language Ignites Gold Market
By Peter Boockvar, author of the Boock Report
March 21 (King World News) – Here is what Peter Boockvar wrote as the world awaits the next round of monetary madness: Bottom line, I expected the FOMC statement to be boring and this certainly qualified as outside of a few changes on the economy where one part was softer while the other expressed confidence in growth picking up this year (along with a hike in GDP forecasts). On the question of 3 or 4 rate hikes this year, it is only March. Why would they put themselves out there with any conviction over what they’ll do in the latter part of the year with rates…"
By Peter Boockvar, author of the Boock Report
March 21 (King World News) – Here is what Peter Boockvar wrote as the world awaits the next round of monetary madness: Bottom line, I expected the FOMC statement to be boring and this certainly qualified as outside of a few changes on the economy where one part was softer while the other expressed confidence in growth picking up this year (along with a hike in GDP forecasts). On the question of 3 or 4 rate hikes this year, it is only March. Why would they put themselves out there with any conviction over what they’ll do in the latter part of the year with rates…"
at https://kingworldnews.com/fed-language-ignites-gold-market359679-2/
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