Goldman Sachs Chief Economist on the Future of Fed Rate-Hikes

Goldman Sachs Chief Economist on the Future of Fed Rate-Hikes

Gold Silver Reports (GSR) – CNBC’s Steve Liesman reports on the Federal Reserve’s decision to raise rates by 25 basis points.

The move pushes the funds rate target to 1.75 percent to 2 percent. The rate is closely tied to consumer debt, particularly credit cards, home equity lines of credit and other adjustable-rate instruments.

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Powell Lauds Economy as Fed Nudges Up Interest-Rate Hike Path

Gold Silver Reports (GSR) – Powell Lauds Economy as Fed Nudges Up Interest-Rate Hike Path — Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in 2018, as unemployment falls and inflation overshoots their target faster than previously projected.

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Gold Market Could be Using the Technology Behind Cryptocurrencies

Gold Market Could be Using the Technology Behind Cryptocurrencies

Gold Silver Reports (GSR)  – Gold Market Could be Using the Technology Behind Cryptocurrencies — The London Bullion Market Association last week closed an invitation for submissions of ideas for how to track the metal as it’s dug out of remote mines, traded by middlemen and sold on to buyers scattered around the world. While the LBMA didn’t stipulate what form the system would take, most of the 25 respondents incorporated distributed-ledger technology in their proposals.

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