As gold prices continue to decay, many suspect an interest rate hike from the Federal Reserve will suppress gold price forecasts. To reach a decision, the Fed will consider a range of economic indicators that, according to Nobel laureate Paul Krugman, suggest a continuance of low interest rates.
Whether or not the Fed will raise rates is a hotly disputed topic in financial circles. Just turn on Bloomberg or CNBC and a pair of talking heads will be squabbling over Janet Yellen’s latest speech, eagerly dissecting her state of mind. To be blunt, they rarely say anything worth listening to...............................................Full Article: Source
|