Jerome Powell's Warning: Brace for the Painful Fallout of Inflation Control


Jerome Powell, the Federal Reserve Chairman, has a clear message for Americans: prepare for the economic pain that comes with fighting inflation. During the 2022 Economic Symposium, Powell announced the Fed's commitment to bringing inflation back to a manageable level. However, he also acknowledged the inevitable consequences of this process: "While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses."[1]

Why Gold Investment is the Ultimate Hedge Against Economic Uncertainty

Gold has been regarded as one of the most precious metals for centuries. It is one of the rarest and most valuable natural elements on the planet, which makes it not just valuable for jewelry, but also an attractive investment option. Gold’s value largely rests on its universal acceptance as a reliable store of value, especially during economic uncertainty.