Gold revaluation risks ‘messy’ outcome for Fed
[The Herald - Zimbabwe] - 19/02/2025
Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP. Treasury is allowed to pledge its (…)
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