Audio: Gold Prices Buoyant on Fed Pause & Reckless Fiscal Policy | November 3rd, 2023

As the Federal Reserve puts a hold on interest rates, investors have to ask themselves whether the elevated inflation rate is also on hold. The Fed’s preferred measure of so-called “core” inflation, which excludes food and energy costs, most recently came in at 3.7%. Despite having fallen substantially since last year’s peak, the official inflation rate has yet to approach the Fed’s 2% target.