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Is the Fed Right About Transitory Inflation? Gold Might Be Looming Bigger on the Radar

Is the Fed Right About Transitory Inflation? Gold Might Be Looming Bigger on the Radar

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Over the course of 2021, the United States Federal Reserve has communicated optimism with respect to the economic recovery from the Covid-19 virus and inflation as it looks to move toward tightening monetary policy. While the Fed’s position is that the recent spike in inflation across a range of products, services and metrics is a transitory or temporary occurrence, US businesses struggled to fill a record 10.1 million jobs in June.

...read full article on Benzinga

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