Tag Archives: XAG

Silver (XAG) Forecast: Price Prediction Hinges on Fed’s Inflation Gauge This Week

Silver (XAG) Forecast: Price Prediction Hinges on Fed’s Inflation Gauge This Week

Fed Begins Easing Cycle, But Inflation Keeps Policy in Play The Fed’s cut was fully priced ahead of last week’s decision. However, Chair Powell offered no forward guidance, citing uncertainty around inflation. The July core PCE index rose 2.9% year-over-year, the highest since February, and remains well above the Fed’s 2.0% target. The updated Summary of Economic Projections showed inflation …

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