from King World News
Here is a look at interest moves by central banks today, plus the world is waking up to gold and silver.
The Gamble To Keep Interest Rates Low
February 6 (King World News) – Peter Boockvar: There is one thing to harass and jawbone Jay Powell to lower short term rates and another completely different thing trying to tame the long end of the yield curve which of course can only be influenced indirectly (outside of the Fed itself directly getting involved via asset purchases). Treasury Secretary Scott Bessent said on Fox Business yesterday that he and Trump are “focused on the 10 year Treasury. He is not calling for the Fed to lower rates.”