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Federal Reserve System
The Fed does not want to induce a recession but is there any choice?
тАЬThere is no sign I can see of a broader slowdown in the economyтАжWe are not trying to induce a recession,тАЭ Federal Reserve Chair Jerome Powell.
Powell Says No Bond Taper for тАШSome TimeтАЩ as Recovery Moderates
Federal Reserve Chair Jerome Powell made clear the U.S. central bank was nowhere near exiting massive supportfor the economy during the ongoing coronavirus pandemic, as officials lefttheir benchmark interest rate unchanged near zero and flagged a moderating U.S. recovery.
Fed Sees Rates Near Zero Through 2023 to Boost Jobs, Inflation
Fed Sees Rates – Stocks erased gains amid a selloff in giant technology companies and Federal Reserve Chairman Jerome PowellтАЩs remarks over an uncertain economic rebound without further stimulus.
Gold Prices Eye Meeting. Will Gold Rise on FOMC Minutes?
Gold Prices After aggressive selling pressure last week, gold prices bounced off the rising trend line from June. Now, XAU/USD has taken out the 100% Fibonacci extension at 1984, exposing the 123.60% level at 2058.