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History shows bull market in gold after rate hikes: boon or bane?
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๐Ÿ‡บ๐Ÿ‡ธ | Latest FOMC Meeting Recap

๐Ÿ“Œ Fed opt to maintain its benchmark interest rate at its current target range of 5.25% - 5.5%
๐Ÿ“Œ Projections released by FOMC signal one more rate hike this year
๐Ÿ“Œ Policy is expected to remain slightly restrictive into 2026
๐Ÿ“Œ The inclination to keep rates high for an extended period signal that they remain concerned that inflation might not be falling fast enough toward their 2% target.
๐Ÿ“Œ Higher GDP and lower unemployment forecasts for 2023 and 2024
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