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Federal Book chairman Jerome Powell claimed last week that the central bank will continue to act "vigorously, proactively as well as boldy" to maintain the economic climate, and prepares to maintain prices near absolutely no till 2022.
The Fed's dovish stance will certainly be bullish for gold in the long-term, stated Frank Holmes, Chief Executive Officer of U.S. Global Investors, that noted that trillions of bucks a lot more will likely be published prior to we see a complete financial healing.
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Fed to act “forcefully, aggressively” to fight war on bad economy
Federal Reserve chairman Jerome Powell said last week that the central bank will continue to act “forcefully, proactively and aggressively” to sustain the economy, and plans to keep rates near zero until 2022.
The Fed’s dovish stance will be bullish for gold in the long-term, said Frank Holmes, CEO of U.S. Global Investors, who noted that trillions of dollars more will likely be printed before we see a full economic recovery.
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