Confidence Level Is Low

Board, Blackboard, Economy, Inflation, Money

Image Source: Pixabay


Federal Reserve Chairman Jerome Powell said he’s not confident interest rates are high enough to slay price inflation. He also said he’s not confident they aren’t. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey wonders out loud why we should have any confidence if Powell doesn’t. Along the way, he breaks down the November Fed meeting and talks about the “colossal” year for central bank gold buying.


TOPICS DISCUSSED

  • Jerome Powell isn’t confident
  • The Fed maintains the status quo
  • Is the economy really “too strong?”
  • Market reaction to the Fed meeting
  • Central banks on track for record gold buying year
  • Gold hits stiff resistance at $2,000

Running Length: 00:33:54


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