Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
After U.S. Federal Reserve policymakers hinted at looming rate cuts at yesterday’s meeting where the central tendency of the rate forecasts by FOMC participants declined by 50 basis points, the bond market is pricing 3 rate cuts in the next 9 months.
- The very next cut is now priced in July with 100 percent probability.
- The second rate cut is priced in December with 95.3 percent probability.
- The third rate cut is now priced in March 2020 with 83.2 percent probability.
While the market is pricing three rate cuts before the 2020 election in the United States, the Federal Reserve policymakers have forecasted two rate cuts.
