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Source:https://www.investing.com/analysis/the-fed-just-gave-gold-a-green-light-to-go-higher-200179092
The purpose to write these was to analyze how people predict thing,based on what indicator to predict
Summary
16 Mar 2017
- Fed's favorite inflation measure, the PCE Price Index, reported a breakout higher.
- the CPI release calmed the Fed enough so that they stuck to their pre-March 1st original plans
- As long as PCE and CPI remain tame, rates have no reason to go up. That is bullish longer term for gold.
Reference:
https://www.investing.com/economic-calendar/core-pce-price-index-61
https://www.investing.com/economic-calendar/core-cpi-56
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