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IAUF - Eric Rosengren Would Make Alan Greenspan Proud
iShares Gold Strategy ETF
At the June FOMC, the US central bank set the market's expectations on a dovish course when it comes to monetary policy. The end of balance sheet normalization coming in September, which will take the upward pressure on rates along the yield curve. The Fed cited inflation below the 2% target rate and uncertainty in the global economy as reasons why the Fed Funds rate will decline before the end of 2019. In the aftermath of the June meeting, most economists and analysts now believe the Fed will lower the short-term rate by 50 basis