New Fed Chair Powell’s Testimony Spooks The Markets | Golden Rule Radio

MARKET NEWS / GOLDEN RULE RADIO
Golden Rule Radio • Mar 01 2018
New Fed Chair Powell’s Testimony Spooks The Markets | Golden Rule Radio
Posted on March 1, 2018

The new Fed Chair Jerome Powell testified before the house financial services committee for the first time this week. Powell’s remarks hinted at the possibility of 4 rate hikes this year, moving faster than the December 2017 estimate. The idea of a more aggressive FED was enough to have the DOW closing down on Tuesday & Wednesday. Investors fear a FED overshoot. How did Powell’s comments impact gold, silver, platinum, palladium, and the US Dollar? We’ll explore that on today’s Golden Rule Radio.

https://www.bostonglobe.com/business/2018/02/27/powell-bullish-outlook-economy-rattles-markets/auOmxEzYVJ4ofii53FddTJ/story.html

https://www.wsj.com/articles/global-stocks-struggle-after-bad-month-1519868670

Stay Ahead of the Market
Receive posts right to your in box.
SUBSCRIBE NOW
Categories
RECENT POSTS
Metals Rally Recap
Metals Surge to New Highs
Gold Hits $3,400 as Fed Signals Rate Cuts
Markets Eye Rate Cuts
Futures Hint at Gold Surge
Overseas Demand Fuels Gold
Volatility Strikes Precious Metals
Precious Metals Push Higher
Double your ounces without investing another dollar!
Request a Call