De FOMC notulen zijn uit en zoals we eerder aangaven zal de Fed de rente nog langer laag houden dan eerder voorspelt.

To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy. In particular, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic conditions–including low rates of resource utilization and a subdued outlook for inflation over the medium run–are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014. We think that market levels do not fully reflect the anticipated extension of Fed guidance that we expect later this week. Our expectation is that the majority of Fed members will indicate that they expect the first hike in 2014. Further guidance, (through the statement, the press conference or stated year-end 2014 expectations) could show that the first hike is expected to be well into 2014. We think that market levels are more consistent with guidance being shifted to late-2013 or mid-2014 at the latest.

Zoals we eveneens hier voorspelden, zouden de prijzen van goud en zilver stevig hoger schieten op dergelijke berichten. Goud knalde zopas 40 dollar per ounce omhoog tot 1700 dollar/ounce, terwijl zilver de barrière van 33 dollar per ounce doorboorde. >>> Het Goud & Zilver Rapport