FED cuts interest rates to zero. There will be no intermediate way. Radical interest rate cuts in the market. If you look at the yields on US 3 month bonds. that it was below 0.22%. The FED open market session on March 18 may have a low 50 basis point cut. Therefore, I expect dollar interest rates to either decrease to -0.5% or 0% in the US Fed.
@meszaros is your stance on Gold and EE still bullish when FOMC is next Wednesday? do you see the current retracement on gold as a correction? Thanks in advance.