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Fed Chairman: "We're Not Even Thinking about Thinking About Raising Rates"

Fed Chairman: "We're Not Even Thinking about Thinking About Raising Rates"

Money Metals' Weekly Market Wrap Podcast · Money Metals Exchange

June 12, 202026m 46s

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Show Notes

The sudden spike in market volatility yesterday came after the Federal Reserve vowed on Wednesday to keep its benchmark rate near zero through 2022.

That's an unusually long period for the Fed to be projecting rate policy. It reflects the fact that it will take many months and perhaps years for the tens of millions of jobs that were recently lost to return.

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