Well folks, here we go again. The Federal Reserve just did exactly what we’ve been expecting—they cut interest rates, this time down to a target range of 4.00% to 4.25%. But here’s the kicker: this isn’t a one-off move. According to their own projections, they’re planning more cuts through the end of the year and well into 2026. Translation? The dollar is in trouble. Big trouble. And gold? It's loving every minute of it. Spot gold surged up to $3,695.80 an ounce on the news—knocking on the door of $3,700—as investors started to see the writing on the wall. When your central bank is basically admitting the economy’s slowing, inflation’s still hot, and they're going to keep cutting rates anyway,…
Continue reading as a Citizen
Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the daily “While You Were Distracted” briefing.
No credit card required.
