Gold Silver Reports — Fed to Leave $1 Trillion Question Unanswered in Big Bond Unwind — Janet Yellen’s Federal Reserve is getting ready to set off on a path toward a smaller balance sheet without knowing quite where it will end up.
Federal Reserve
Federal Reserve Officials are Widely Expected to Interest-Rate Increase
Gold Silver Reports — Federal Reserve officials are widely expected to announce an interest-rate increase this week amid buoyancy in the stock market and indications the U.S. economy continues to grow steadily, without signaling they anticipate accelerating their pace of policy tightening.
Beyond the expected announcement Wednesday of a quarter-point hike in the U.S. central bank’s benchmark rate target, to a range of 0.75 percent to 1 percent, investors will be looking for whether policy makers change their forecasts for the rest of 2017 and beyond.
Gold Prices goes Against the Grain
Gold Silver Reports — Gold Prices goes Against the Grain — What works for gold in practice rarely works in theory. The last three US interest rate increases that should, all other things being equal, be bad for the metal have seen prices jump in the months that followed.
Gold Rebounded From a Three-Week Low
Gold Silver Reports – Gold rebounded from a three-week low after the European Central Bank said it may add stimulus as needed once it has a clearer picture of the Brexit vote’s economic impact.
Federal Reserve Raising Interest Rates Report
Gold Silver Reports — Gold climbed to the highest in four weeks as uncertainty mounts over the potential risks if Britain decides to leave the European Union, and as traders price in zero chance of the Federal Reserve raising interest rates at a meeting this week.
Janet Yellen Speaks and Any Hint That Interest-Rate
Gold Silver Reports — The dollar’s best month in more than a year faces one last barrier: Janet Yellen speaks on Friday and any hint that interest-rate hikes will be delayed could spur a reversal for the greenback.
Gold Lost The Most in 11 Weeks as The Dollar Gained
Gold Silver Reports – Gold lost the most in 11 weeks as the dollar gained on speculation that the Federal Reserve is still on track to boost U.S. interest rates this year.
Gold Fell Lowest in Almost 2 Weeks Ahead of Fed Meeting
Gold Silver Reports ~ Gold fell to its lowest in almost 2 weeks on Tuesday ahead of a Fed meeting that is expected to give clues on the pace of future U.S. rate rises.
Federal Reserve Policy Makers Debating Report
Gold Silver Reports → Federal Reserve policy-makers debating their outlook for interest-rates last month expressed concern that the fall in commodity prices and the rout in financial markets increasingly posed risks to the U.S. economy.
Yellen Acknowledged Weaknesses, Indicates Rates to Still Rise
Gold Silver Reports ~ Federal Reserve Chair Janet Yellen acknowledged weaknesses in the global economy in prepared testimony to Congress on Wednesday, but indicated that rates could still rise this year, albeit at a slower pace.