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POSTED ON May 30, 2017  - POSTED IN Key Gold Headlines

Americans tend to focus on the Federal Reserve, but often forget the US central bank isn’t the only game in town.

While Yellen and company hint they will try to continue pushing interest rates up, European Central Bank president Mario Draghi told European Parliament’s Economic and Monetary Affairs committee he intends to push ahead with his interventionist monetary policy. That means continued negative interest rates and quantitative easing for the EU.

So, are the world’s two largest central banks taking divergent paths to doom?

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