Monday, March 19, 2012

Will the Fed Keep Its Pledge of Low Rate until 2014?

The FOMC pledged a couple of months back to keep the currently low interest
rates at least until late 2014. Will the Fed keep its pledge at all cost? What
might trigger the Fed to flip-flop on its pledge and raise the interest rate
before 2014? And finally what will this unlikely scenario do to the price of
gold?

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