Thursday, February 9, 2012

Gold And Silver: Daily Market Outlook. Feb 8th 2012.

Gold And Silver: Daily Market Outlook. Feb 8th 2012.
Ben Bernanke, Chairman of the Federal Reserve, supports the idea of maintaining low interest rates until late 2014 despite better employment stats. In order to change his mind, he needs the pace of economic growth to accelerate. Other factors are better employment readings or inflation risks. This year the US economy is expected to grow by 2.2-2.7% while the level of unemployment may reach 8.2-8.5%.
 

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