What’s Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Attention focused back on the Federal Reserve this week with the release of the minutes from December’s FOMC meeting and a couple of speeches by Fed Chair Jerome Powell. All of a sudden, the central bank has gone wobbly on hiking interest rates. Peter Schiff called Powell’s new direction “uber-dove.” Keep in mind, it wasn’t long ago that Powell was sounding hawkish and talking about pushing ahead with tightening. So, what’s up with Powell? What’s changed? Mike Maharrey talks about that, along with this week’s economic and gold-related news on your Jan. 11, Friday Gold Wrap.
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