Fed Minutes Hint September Rate Hike Now Off Table, Gold Moves

by / Wednesday, 19 August 2015 / Published in Gold & Silver

Minutes of the Fedâ??s July policy meeting hinted that September will most likely be off-the-table for a rate hike. It showed that central bank officials were mixed on whether to raise short-term interest rates next month. This comes after months of signaling that they intend to move away from the near-zero interest-rate policy before year-end.

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Source: Kitco

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