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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (76032)	1/29/2020 3:11:29 PM
From: Goose94	Read Replies (1) of 203330

Gold: The Fed just concluded their FOMC meeting today. Fed members decided it will hold rates @ 1.5%-1.75% - leaving the current federal funds rate unchanged for the second consecutive month. The Fed also mentioned that they are aiming for higher inflation and letting it run above their 2% target for a prolonged period of time all while keeping interest rates low until the inflation level rises a good amount. We also heard a statement regarding the labour market as “strong” and economic growth as “rising at a moderate rate.“ CNBC

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