Gold Silver Reports (GSR) – Gold trending up, But Still Stalled by Hawkish Fed – Gold has risen more than 3 percent this year, buoyed by international tensions and volatility in equities, but has yet to emerge from a tight trading range in the face of an expectation for rising U.S. interest rates, traders say.
Fed
What to Expect From the Fed’s March 21 Meeting
(Bloomberg View) – At the meeting this week of the Federal Open Markets Committee, the first with Jerome Powell as chairman, the Federal Reserve is likely to raise interestRates by 25 basis points, renew its commitment to two more hikes of similar size in 2018, and reaffirm the plan to gradually reduce the size of its balance sheet. These actions will constitute another step forward in the “beautiful normalization” of monetary policy.
Powell Jumps in Driver’s Seat as Fed Weighs Speed of Rate Hikes
Gold Silver Reports – The tougher job for the Federal Reserve’s new chairman as he presides over his first gathering of the central bank’s policy-setting committee is deciding what to do next.
Asia Stocks Start Week Mixed as Traders Eye Fed
Asian equities traded mixed and currency markets were subdued at the start of a week that’s likely to be dominated by the Federal Reserve’s policy meeting.
Stocks Slump as Traders Await Next Week’s Fed Move
Gold Silver Reports (GSR) INDIA – Stocks Slump as Traders Await Next Week’s Fed Move — U.S. stocks fell for the third straight day after lackluster retail sales figures fanned concern that consumer spending is cooling, while traders awaited next week’s rate decision by the Federal Reserve. Ten-year Treasury yields tightened.
Brighter U.S. Growth Outlook Emboldens Fed on Rate-Hike Course – Goldman Neal Bhai Reports
Gold Silver Reports – Brighter U.S. Growth Outlook Emboldens Fed on Rate-Hike Course – U.S. central bankerssent a strong message Wednesday that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this year.
Goldman Says Growth Is Bigger Fed-Hike Factor Than Market Thinks
Gold Silver Reports – Investors have been underestimating the importance of U.S. economic growth for Federal Reserve policy, and giving too much relative emphasis to inflation and wage data that have tended to disappoint expectations, according to Goldman Sachs Group Inc.