Fed's Powell: Inflation needs more attention now than employment
Inflation is running at more than twice the Fed's target while unemployment is back to near its pre-pandemic level.
Source: businesstoday.in
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Gold, Silver Forecast: Powell's Testimony to Underpin XAG/USD, XAU/USD
Gold, Silver Forecast: Powell's Testimony to Underpin XAG/USD, XAU/USD 2021-02-23 03:00:00 Daniel Moss, Analyst Gold, Silver, Fiscal Stimulus, Federal Reserve, Powell Testimony – Talking Points: Rising inflation expectations, depressed real rates, and a weaker USD may underpin precious metal prices. Double Bottom reversal could trigger further gains for gold prices. Silver poised to extend climb higher after clearing key resistance. Advertisement As mentioned in previous reports, the combination of climbing inflation expectations, depressed real rates, and a weaker US Dollar may provide ...
Source: dailyfx.com