GOLD 0.51% $1,391.7 gold futures

Ben Bernanke's new blog: interest rates

  1. 7,423 Posts.
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    I draw your attention to the new blog by Ben Bernanke on the Brookings cite:
    http://www.brookings.edu/blogs/ben-bernanke/posts/2015/03/30-why-interest-rates-so-low

    Read it for yourselves.

    My take is that US interest rates are likely to remain low for some time, and that inflationary pressures are likely to remain low as well.

    So there is a plus and a minus in there for the price of gold.

    One for the conspiracy theorists:

    "Except in the short run, real interest rates are determined by a wide range of economic factors, including prospects for economic growth—not by the Fed."
 
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