Fed Issues Stark Warning on Economy
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Fed Keeps Rates Steady, but Issued Stark Warning on Economy The Federal Reserve kept its key interest rate steady at 4.25-4.50% when it met Wednesday. Nonetheless, Fed officials issued an unusually frank warning about what could lie ahead. “Uncertainty about the economic outlook has increased further,” Fed officials said. “The committee… judges that the risk...
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| Protectionist Trade Policies Shine Spotlight on Gold As World Dumps Dollars and Treasuries
| Governments and investors worldwide appear to be losing confidence in the U.S. dollar and U.S. Treasury bonds. The start of a new global trade war has rattled the world as the rules around the global economic order have starkly changed in a matter of weeks. America’s move toward highly protectionist policies has triggered a stock...
The post Protectionist Trade Policies Shine Spotlight on Gold As World Dumps Dollars and Treasuries appeared first on Blanchard and Company.
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