a. Lately, the Fed's policies are driven by gold prices and other indicators of the future rather

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a. "Lately, the Fed's policies are driven by gold prices and other indicators of the future rather than by recent economic data."
b. "The Fed cannot boost money growth at this time because of the weak dollar."
c. "The Fed's fine-tuning may distort the economic picture."
Interpret the following statements made by Wall Street analysts and portfolio managers.
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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