Our current forecast is for another 25 basis point rate increase late this year or early next year. (pnc.com)
A 25 basis point rate cut during last week is the turning point in the interest rate cycle. (relakhs.com)
However, don't count on these factors bolstering gold in the year ahead, according to the bank, which expects a 25 basis point rate hike at the December Federal Open Market Committee (FOMC) meeting followed by 100 basis points of rate increases during 2016. (cnbc.com)