Gold Price May Increase by $200, AngloGold CEO Says
Nov. 8 (Bloomberg) -- Mark Cutifani, chief executive officer of AngloGold Ashanti Ltd., the world’s third-largest producer of the metal, talks about strikes in the company's South African mines and the outlook for gold prices. He speaks from Johannesburg with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)
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Trump's View of U.S. Economy Is Flawed, Says Posen
25:02 - The Federal Reserve looks poised to forgo a chance to prove its favorite points. A rate hike at the Federal Open Market Committee’s Nov. 1-2 meeting would show they mean what they say. Economic data have been strong since it met last month. The decision comes just days before the U.S. presidential election. Inflation is below the Fed’s 2 percent goal, reducing the urgency for action. What’s more, the committee has a meeting in mid-December, so officials could wait to see how markets react to a White House win by either Republican Donald Trump or Democrat Hillary Clinton and still be able to deliver a rate rise in 2016. Peterson Institute President Adam Posen discusses the U.S. election with Nejra Cehic and Manus Cranny on "Bloomberg Daybreak: Europe."