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Fed's Barkin: Rate hikes until inflation HOLDS at 2%
Fed's Barkin: Rate hikes until inflation HOLDS at 2%
While many had expected that the Fed's interest rate hikes would not last too long before seeing a reversal in policy (myself included) the latest Fed commentary indicates that is not likely to be the case.
On Monday Richmond Fed President Thomas Barkin was quoted as saying that he wants to see the inflation rate HOLD at 2% for some period of time, and with inflation rates still elevated, that would suggest that the Fed has some ways to go.
In this video we also look at some of the other recent central bank interest rate moves, as well as the latest gold and silver COT and ETF data.
So to find out more, click to watch this video now!
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