Investors Doubt That Fed Chair Yellen Can Raise Rates in 2016
Tuesday, August 23, 2016 at 09:53PM
Silver Prices

They see almost no chance for a rate increase at the September or November Fed meetings.

Federal Reserve Chair Janet Yellen may struggle later this week to convince financial markets she can steer a divided U.S. central bank to raise interest rates at least once in 2016 after it started the year with four hikes on its radar.

Yellen will deliver the keynote speech at a global central banking conference in Jackson Hole, Wyoming, on Friday, an event that Fed chiefs have traditionally used to signal the direction of monetary policy.

Fed policymakers began this year with the wind at their backs, having pushed through a rate increase in December, the first such move in nearly a decade. Their forecasts at the time suggested an economy strong enough to withstand four more hikes in 2016.

read more......

This may be the last time that we see gold and silver prices this low...

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

 

 

 


 

Winners of the GoldDrivers Stock Picking Competition 2007 

 

 

 Follow us on TWITTER @goldprices

 

 


Article originally appeared on Silver Prices (http://www.silver-prices.net/).
See website for complete article licensing information.