The latest FOMC decision has given markets another important signal.
The Fed increased rates by 25bps to 3.75% to 4.00%, with all policymakers supporting the move. More importantly, 16 of 18 officials see at least one more rate hike before the end of 2026.
This keeps the pressure on $GOLD, as higher interest rates can make non yielding assets less attractive.
Now, oil prices and upcoming CPI data are key areas to watch. Persistent inflation could support a tighter Fed policy, while weaker inflation may change expectations.
For gold, the next move could depend heavily on how the inflation story develops.
#FOMC #Gold #Inflation #CPI
The Fed increased rates by 25bps to 3.75% to 4.00%, with all policymakers supporting the move. More importantly, 16 of 18 officials see at least one more rate hike before the end of 2026.
This keeps the pressure on $GOLD, as higher interest rates can make non yielding assets less attractive.
Now, oil prices and upcoming CPI data are key areas to watch. Persistent inflation could support a tighter Fed policy, while weaker inflation may change expectations.
For gold, the next move could depend heavily on how the inflation story develops.
#FOMC #Gold #Inflation #CPI
