The Fed Rate Hike and Gold, Report 18 June, 2017

The Fed Rate Hike and Gold, Report 18 June, 2017

The big news this week comes from the Fed, which announced two things. One, it hiked the Fed Funds rate another 25 basis points. The target is now 1.00 to 1.25%, and there will be further increases this year. Two, the Fed to reduce its balance sheet, its portfolio of...