Things are certainly confusing but I suspect that despite the moderately hawkish Fed, they are still desperate to cut rates and will do so at the earliest opportunity. in fact, if PCE at the end of the month is soft, I think July might be on the table. if that is the case, I love gold and all commodities and hate the dollar.
Things are certainly confusing but I suspect that despite the moderately hawkish Fed, they are still desperate to cut rates and will do so at the earliest opportunity. in fact, if PCE at the end of the month is soft, I think July might be on the table. if that is the case, I love gold and all commodities and hate the dollar.