Gold’s Next Move; Fed’s Balancing Act Mar 29, 2023 View in your browser Gold’s Next Move; Fed’s Balancing Act By Erik Norland, Senior Economist CME Group Gold’s Path Linked to Fed’s Next Move Investor expectations shift from more Fed rate hikes to possible rate cuts this summer Forging ahead with more rate hikes could impact already troubled banking sector Gold has two possible paths ahead linked to Fed moves, inflation, and the economy Options implied volatility indicates a stronger upside than downside risk in gold Read article Fed’s Balancing Act with Inflation and Banking Woes Rapid rate hikes have sharply inverted yield curve in U.S. Core inflation remains well above U.S., European policy rates Inverted yield curves could affect bank profitability Banking sector woes could lead to a credit crunch Watch video SEE MORE ANNOUNCEMENTS
