![The Fed Plans to Hike Rates as it Fails at Its Price Stability Mandate; Gold Should Soon Begin Rising as a Result](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2015/11/2015-11-18-Fed-Inflation-Probability-bt-1.5-2.5-Percent-vs.-Effective-Funds-Rate-Weekly.png?resize=150%2C150)
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 re: 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…...