Reality Over Rhetoric
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The Federal Reserve raised rates yet again during its May FOMC meeting. Now everybody is trying to decipher the messaging coming out of the Fed to figure out what’s next. But what if the words Powell and Company are saying doesn’t really matter? In this episode of the Friday Gold Wrap podcast, I talk about the latest moves by the Fed and suggest we should focus on the realities over the rhetoric.
Topics Covered
- Fed raises interest rates again
- Jerome Powell’s messaging
- Inflation is far from beat
- Powell claims we can still have a “soft landing”
- Gold close to new record highs
- What’s going to break next?
Video Length: 00:22:23
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