The Fed Holds Firm, Yet Gold Manages to Gleam: A Market Response Analysis The precious metals market is aflutter as the U.S. Federal Reserve’s stance shakes things up, but not so much for gold! As most expected another interest rate hike by year’s end, the central bank pumped the brakes, leading gold prices to…
Market participants breathlessly awaited the latest Fed Decision. A white-hot CPI report last Friday had markets abuzz. Would Powell & Company move ahead with the predicted 50 basis point rate hike or would it ramp up its effort to stamp down inflation with a sharper increase? The Fed floated a trial balloon on Monday when…
Early Market Thoughts Blood on the streets to kick off another busy week in the markets. The Fed looms as the major story for markets. We have seen faith in the Fed’s ability to battle inflation wane. This has knocked markets off a potential basing pattern that started to form and lead to a fresh…
The Fed raised rates for the first time since 2018. This marked the end of the most aggressive economic rescue in America’s history. The Fed projected seven rate hikes in 2022, a more hawkish stance than markets expected. This led to some selling pressure. However, we saw futures rip back higher during Fed Chair Jerome…
