from Kitco NEWS
Federal Reserve chairman Jerome Powell said last week that the central bank will continue to act “forcefully, proactively and aggressively” to sustain the economy, and plans to keep rates near zero until 2022.
The Fed’s dovish stance will be bullish for gold in the long-term, said Frank Holmes, CEO of U.S. Global Investors, who noted that trillions of dollars more will likely be printed before we see a full economic recovery.
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