Fed Admits Failure on Price Stability, Doesn’t Care

First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2021/11/05/fed-chairman-admits-failure-to-maintain-stable-prices-002403

Precious metals markets reacted this week to news of the Federal Reserve’s tapering plans. The Fed didn’t deliver any real surprises, though. It left interest rates unchanged as expected and confirmed that it would gradually cut back on monthly asset purchases.

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