This week, the gold market has been shaken by an unexpected development—Donald Trump has announced plans to visit Fort Knox to verify the U.S. gold reserves.
The bottom line is that even with price inflation warming up and rate cuts on hold, it is highly unlikely that the central bank will start raising rates.
After falling off a cliff in November, consumer debt grew by $40.8 billion in December, a 9.6 percent increase, according to the latest data by the Federal Reserve.
