Mississauga, ON -- (SBWIRE) -- 08/18/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Golden Predator Nets Almost $140k from First Gold & Silver Bulk Samples."
Companies mentioned in this article include Golden Predator Mining Corp. (TSX-Venture:GPY).
On Wednesday, the U.S. Federal Reserve released the minutes of its most recent FOMC. The minutes showed that the central bank remains deeply divided over when to hike interest rates.
The Fed last hiked interest rates at its December 2015 meeting. Coming into 2016, there were expectations for four rate hikes. But pretty soon, the Fed scaled down its expectations to two rate hikes. With the Fed scheduled to meet just three more times this year, the possibility of even a single rate hike has diminished.
The Fed has been cautious due to mixed U.S. economic data. While the labor market, with the exception of the month of May, continues to show improvement, other areas of the economy have been lagging behind. The Fed is particularly concerned about consumer prices. Inflation remains well below the Fed's target rate.
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