If The Fed Slashes Rates Too Soon, Vale Could Spike Higher
The Federal Reserve has raised its policy interest rate by 5.25 percentage points since March 2022. It is now substantially above all main U.S. inflation measures, most notably versus the PCE Index used by the Fed to set its inflation target. I have talked about the risk of resurging inflation for more than a year in my articles. It's one of the reasons I have pushed gold/silver investments, and why I now believ increasing your exposure to oil/gas names makes sense. Two of my latest articles were on Texas/O ...