First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/11/04/fed-continues-tough-talk-but-gold-silver-show-resilience-002621
Precious metals investors remain cautious following the Federal Reserve’s latest jumbo rate hike. On Wednesday, the Fed announced another three-quarter point bump up on interest rates. It’s the sixth straight hike by central bankers and brings the Fed funds rate up to 4%. That’s the highest it has been since 2008.
