Gold’s Outlook: How Likely Is a Surprise Rate Hike by the Fed?
Could Gold Catch a Bid if Equities Stay Weak in 2018? While the Federal Reserve kept interest rates unchanged in its policy meeting in January 2018, it raised its outlook for inflation and flagged “further gradual” rate increases. The Fed cited solid gains in employment, capital investment, and household spending while maintaining its outlook for a strong labor market and moderate growth in the US economy.