Tag Archive: decb

Surprise Surprise

The gold market got a nice boost in early action on Thursday as some global central banks remain decidedly dovish regarding monetary policy. For the time being, a lack of inflationary pressures appears to be greenlighting central banks to keep their feet on the gas pedal, and low rates may be the norm for some time to come. The recently released minutes for the latest ECB meeting echoed concerns of the U.S. Fed. Citing inflation levels that continue to run below target levels, the ECB... Continue Reading