Hamilton Mobley

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The Federal Funds Rate Stays at 0-1/4%

Today the Federal Open Market Committee released a statement on monetary policy and interest rates.[1]

During the press conference, Federal Reserve Chairman Jerome Powell said,

“We’re not even thinking about, thinking about, thinking about raising rates.”

They are going to print, print, print.[2]

How long will foreign nations hold bonds instead of gold?


[1]https://www.federalreserve.gov/newsevents/pressreleases/monetary20200729a.htm

[2] https://www.hamiltonmobley.com/blog/interest-rates-and-inflation