Federal Reserve Postures in Attempt to Create Perception of Control

12:19 PM

First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2023/02/03/federal-reserve-postures-in-attempt-to-create-perception-of-control-002670

As the Federal Reserve winds down its rate hiking campaign, precious metals bulls are anticipating a favorable environment for gains ahead. On Wednesday, Fed policymakers raised their benchmark rate by just a quarter point. Chairman Jerome Powell also delivered remarks widely interpreted by markets as dovish. He suggested the Fed was close to declaring victory over inflation.

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