Loading ...I heard Powell hates Trump and wants to stick it to him. I don’t think it’s just Trump. What was their excuse the rest of the time?
Besides Europe wanting war they were going negative on their interest rates last year and might of been another catalyst for gold. Trying to find news.
In 2024, the ECB began reducing its key interest rates, reversing a previous cycle of rate hikes. The deposit facility rate, which is the ECB’s key interest rate, was lowered to 3.00% by the end of the year. While the ECB has not returned to negative interest rates, it has significantly reduced positive rates to stimulate the Eurozone economy