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Home>Coins dealers headline>Fed may defy history with rates steady through 2020 election

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Fed may defy history with rates steady through 2020 election

IMG Auteur

USA Gold

Published : November 13th, 2019

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Category : Coins dealers headline


	Bloomberg/Christopher Congdon and Rich Miller/11-12-2019 “Federal Reserve Chairman Jerome Powell is likely to signal again this week that monetary policy is on hold, buttressing the belief that he may steer clear of action through 2020. Surprisingly, that would be an historic anomaly for a U.S. presidential election year.” USAGOLD note: The question will be raised if an accommodative policy will be meant to accommodate the president or accommodate a weakening economy. From the president’s point of view no accommodation is likely to be enough – this being an election year and all. . . . . .

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