Gold Soars over $2000 as Powell surprises markets to the upside!

Start thinking of inflation as your friend

So Far:

1. rates unchanged: a known

2. Fed Moves rate cuts forward into election cycle.

   In Sept, Fed saw 2 cuts in 2024, 5 cuts in 2025

   Now, Fed sees 3 cuts in 2024, 4 cuts in 2025

3. Dot plot extremely scattered.. implying disagreement on how *dovish* to be!