Gold just broke below $4,500/oz after Fed Chair Warsh doubled down on inflation fighting as the Fed's top priority.
Five years into this fight, and we're still above the 2% target.
At some point you have to ask: is 2% even realistic anymore? Or are we just living in a structurally higher inflation world now?
The Fed keeps tightening, gold reacts, but the underlying problem hasn't gone away. Maybe the target itself needs rethinking.
Five years into this fight, and we're still above the 2% target.
At some point you have to ask: is 2% even realistic anymore? Or are we just living in a structurally higher inflation world now?
The Fed keeps tightening, gold reacts, but the underlying problem hasn't gone away. Maybe the target itself needs rethinking.
