Share
11,400 Posts.
lightbulb Created with Sketch. 565
clock Created with Sketch. 03/07/15
05:34
Share
Originally posted by Skol
↑
This is what JP Morgan say:Yet again the U.S. labor market is showing a limitation in supply whereby even moderate job growth is clearly absorbing what little slack remains . The lack of wage growth should be enough to prevent a Fed tightening at the end of this month (although some Fed officials may vote in favor of one). However, this jobs report clearly shows “further tightening in labor market conditions” and so supports the idea of a first rate hike by September.” –David Kelly, J.P. Morgan Funds The US economy has added jobs for 57 straight months and the unemployment rate is the lowest since 2008.
Expand
You're assuming rate hikes would do the exact thing the rate lowering failed to do.. move the gold price.
bit hippocritical I think to assume monetary stimulus and fiscal levering won't positively impact the gold price and at the same time fiscal rate hikes will?
