As that pain gets greater, Powell said, people should not expect the Fed to dial back quickly until the inflation problem is fixed. Some investors anticipate the Fed will flinch if unemployment rises too fast, with some even penciling in interest rate cuts next year, an outlook U.S. central bank officials have leaned hard against in recent weeks.
Can Israel-Iran war help silver hit a new record high past $121 and gold over $5,595?
Renewed Middle East tensions following the Israel-Iran conflict have revived safe-haven demand for gold and silver. After a sharp correction earlier this year, both metals