Gold News Hubb
Advertisement Banner
  • Home
  • News
  • Gold Mining
  • Contact
No Result
View All Result
  • Home
  • News
  • Gold Mining
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home News

Mobius warns rates will go to 9% if inflation persists

admin by admin
October 20, 2022
in News


Bloomberg/Vildana Hajric and Guy Johnson/10-17-2022

“The Fed is under pressure to handle the hottest inflation in 40 years after last week’s reading of September consumer prices came in above expectations. Other inflation readings have also remained elevated despite the Fed’s recent rate increases.”

USAGOLD note: With all due respect, it will be a very long time, in our view, before we see interest rates near double digits. You could drive a tank through the current gap between the fed funds rate and headline inflation. It would take nine 0.75% rate increases to close that gap as it stands.

Fed funds and headline inflation rates


Chart courtesy of TradingView.com

 

Share

This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.



Source link

Previous Post

Gold as Natural Money | Mises Wire

Next Post

Gold Is Nature’s Money | SchiffGold

Next Post

Gold Is Nature’s Money | SchiffGold

Recommended

Money Supply Shrinks in 2022 for the First Time on Record

2 weeks ago

Comex Update: Platinum Shorts on Edge While Silver Longs Still Wait?

2 months ago

© 2022 Gold News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Gold Mining
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Gold Mining
  • Contact

© 2022 Gold News Hubb All rights reserved.