The Fed is expected to make a major commitment to ramping up inflation soon

PUBLISHED TUE, AUG 4 2020 3:43 PM EDT

UPDATED TUE, AUG 4 2020 7:58 PM EDT

Jeff Cox

@JEFFCOXCNBCCOM@JEFF.COX.7528

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KEY POINTS

• The Federal Reserve is completing a yearlong policy review and is expected to announce the results soon.
• One big change would be a harder commitment to getting inflation higher, through a pledge not to raise rates until it hits at least 2%.
• Markets have been betting on higher inflation, with surging gold prices, a falling dollar and a rush to inflation-indexed bonds.

Be careful what you wish for Trent, you are about to get your short position blown up.

Remember leave the economics to the economists and the Fed, I like how the article states that the current gold trade is already factoring in inflation.

Once inflation comes I'm sure you will change your tune to another reason you keep adding to your shorts.