Link: https://mishtalk.com/economics/the-fed-delivers-a-baby-gold-jumps
Graphic:
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Excerpt:
The Fed Delivers a Baby
Actually, it was obvious 7 months ago that it was time to move away from “emergency” conditions.
The Fed decided to deliver a baby instead.
In two more months, the Fed will finally finish tapering. Then we see what kind of baby steps the Fed makes.
Author(s): Mike Shedlock
Publication Date: 11 Jan 2022
Publication Site: Mish Talk