#federal-reserve-credibility

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fromFortune
2 days ago

Jerome Powell got a direct question about the U.S. 'losing credibility' and the soaring price of gold and silver. He punted | Fortune

The two precious metals, the most classic of the "safe-haven" assets, have the tangibility and inherent scarcity to act a hedge in moments of turmoil, particularly when investors worry that politics or policy could undermine the value of the dollar or U.S. government bonds. That is why the metals' relentless rally to record highs since late last year-Gold is up 84% year-over-year and silver up a whopping 245% - has drawn attention from analysts.
US politics
World news
fromwww.theguardian.com
3 months ago

Bank of England warns of growing risk that AI bubble could burst

Soaring AI company valuations and potential Fed credibility loss raise risk of sudden global market correction and UK financial system spillovers.
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