The Fed's hawkish buoys the dollar
On the heels of Federal Reserve Board Governor Michelle Bowman, Chicago Fed President Austin Goolsbee and Cleveland Fed President Loretta J. Mester announced that it's still too soon to talk about dropping interest rates.
On the heels of Federal Reserve Board Governor Michelle Bowman, Chicago Fed President Austin Goolsbee and Cleveland Fed President Loretta J. Mester announced that it's still too soon to talk about dropping interest rates. The Fed's hawkish position is supporting the dollar and putting pressure on precious metals. The price of silver will likely continue to fall.
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