Most Fed members in July voted to moving closer to unwinding the Fed’s $ 4.5 trillion dollar balance sheet.
But what caught the attention of many Gold investors was the members indicating it will take a couple of years for inflation to reach 2 percent and that’s what gave the price of Gold
a boost this afternoon.
As expected that news puts a damper on any rate hikes in the near future.
Enjoy the rest of your day.
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