EPISODE · Sep 16, 2022 · 7 MIN
Fears Over Rising Food Costs, Stagnant Wages Slam Markets
from Money Metals' Weekly Market Wrap Podcast
As rate hike fears drove heavy selling on Wall Street this week, precious metals investors are finding some silver lining amid the storm clouds. Worse than expected inflation data has put a 75 basis-point rate increase firmly back on the table. Futures markets are now pricing in the possibility that the Federal Reserve will move by a full percentage point, though a three-quarters of a percent move is currently viewed as more likely. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan
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Fears Over Rising Food Costs, Stagnant Wages Slam Markets
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