Fed Chair Jerome Powell: A Rate Hike Is ‘Unlikely,’ But There Is a Scenario of No Rate Cuts
After keeping interest rates unchanged at 23-year highs, Federal Reserve Chair Jerome Powell told reporters that “it’s unlikely the next policy rate move will be a hike.” Powell pointed to a lack of further progress in bringing inflation down to…
Fed will hike to 6%, ‘nuclear’ bank implosions coming as Powell focuses on real mission – Tom Luongo
The Fed will hike to 6% this year, says Tom Luongo, Publisher of Gold, Goats ‘N Guns. Speaking with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Luongo explains that Powell’s real mission is not to just reduce inflation,…
