in the final meeting of 2023 , the usa federal reserve bank kept the rates steady and said that there will be three rate cuts in the year 2024
gold , silver went up
stock markets went up
crypto – currencies rallied as well
what caused the federal reserve to flip the plot of “higher for longer” ?
was it something in the job market ?
were the industrials start to look weak ?
was it the election year politics – biden told chairman powell to pivot ?
who knows ?
