The Fed Plans to Hike Rates as it Fails at Its Price Stability Mandate; Gold Should Soon Begin Rising as a Result

The Fed Plans to Hike Rates as it Fails at Its Price Stability Mandate; Gold Should Soon Begin Rising as a Result

Along the lines of our post two days ago┬áre: the St. Louis Fed’s new deflation indicator, below we present a similar indicator that tracks the same institution’s estimate of the Fed hitting its mandated 2.0% (i.e., midpoint of 1.5%-2.5%) inflation…...

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