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Stubbornly high inflation is possibly the biggest challenge for policymakers for the year and potentially into 2023. Recently released data indicates that inflation has surged to a 40-year high of 8.6%. While the Federal Reserve is pursuing contractionary monetary policy, real interest rates are likely to remain negative for an extended period.
The Fedâs policy committee will end a two-day meeting on Wednesday by raising interest rates by at least 50-basis points.
Another important reason...
>>> Read more: 4 Gold Stocks to Buy for Stubbornly High Inflation
The Fedâs policy committee will end a two-day meeting on Wednesday by raising interest rates by at least 50-basis points.
Another important reason...
>>> Read more: 4 Gold Stocks to Buy for Stubbornly High Inflation