A look at the Fed, the boss of the dollar… – Kent News Agency
The Fed is expected to ease its pace of interest rate hikes at its first meeting in 2023. So what happens to gold and dollars when the Fed raises or lowers interest rates?
The US Federal Reserve (Fed) is expected to ease its pace of interest rate hikes at its first meeting of this year. Recent reports from Fed members and market prices indicate that the bank may raise its discount rate by 25 basis points. In the markets, the US economy “smooth landing” There was an expectation that he could do it.
If the Fed keeps raising interest ratessafe harbor effect strengthening of the dollar in the world and the fall and suppression of gold prices Waiting.
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