The move should not only make the returns on hard assets more appealing, but it should also put some downside price pressure on the U.S. dollar index, or at least limit its upside movement.
Such a move by the Fed should be gold and commodity-market bullish, as it would not only make the returns on hard assets more appealing, but it would also likely put some downside price pressure on the U.S. dollar index, or at least limit its upside movement.