Consumer Sentiment is Falling [Can the Fed Fix the Economy?]
Bullion.Directory precious metals analysis 31 January, 2022
By Devlyn Steele
Director of Education at Augusta Precious Metals
Can the fed give us some hope? With inflation running at 7% the Federal Reserve is planning on raising interest rates to try to bring down the stubbornly high inflation.
CEOs are expecting the supply chain issues to run into 2023, so monetary policy from the fed may be the only way in which we can combat this inflation.
Unfortunately, monetary policy is much less effective in fighting inflation than fixing the supply and demand imbalance.
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Devlyn Steele
Devlyn Steele is Director of Education at Augusta Precious Metals, America’s leading gold IRA specialists and go-to precious metals dealer for high-net-worth investors.
A Harvard educated professional economist, Devlyn writes and speaks extensively on precious metals’ use as a portfolio diversification tool and market hedge. He and his team provide a unique personalized introduction and onboarding webinar for new investors at Wyoming-based national gold and silver dealer Augusta Precious Metals.
This article was originally published here
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