gold, page-104859

Gold price 16th Nov 2021 12th Jan 2022
US $1,860.30 US $1,822.96

Not bad having in mind that "inflation is running at a rate higher than Joe Biden's ratings approval."

"What is current Fed fund rate?"

Yes, 0.25, but as anybody with the slightest interest in these matters would know, the Fed uses forward guidance for communications tool.

"Forward guidance Economics.

Forward guidance refers to the communication from a central bank about the state of the economy and likely future course of monetary policy. Forward guidance attempts to influence the financial decisions of households, businesses, and investors by providing a guidepost for the expected path of interest rates"


So what does the Australian Financial Review is saying?

"Three US rate increases coming as Fed plays inflation catch-up Vesna Poljak Markets editor"

Jan 14, 2022 – 3.53 pm Inflation is shaping up as a defining issue of the midterm US elections as consumer prices in the world’s biggest economy rage at a four-decade high, and US Federal Reserve officials set the scene for at least three interest rate rises this year.