Fed will raise rates to 6 in 2023 gold could hit 10k by 2025 – Tom Luongo
Fed will raise rates to 6% in 2023, gold could hit $10k by 2025 – Tom Luongo The Federal Reserve will hike interest rates to 6 percent in 2023, according to Tom Luongo, Publisher of Gold, Goats 'n Guns. Luongo had correctly forecast in 2022 that Fed Chair Jerome Powell would continue to hike into the 4.5 to 6 percent territory in 2023, when many analysts were forecasting a pivot or pause. "I think he [Powell] will raise again, and…