Macro Finance
Gold Steady as Fed Official’s Remarks Temper Rate-Hike Bets
Bloomberg Markets·October 14, 2026·1 min read
Gold held a two-day decline after a Federal Reserve official signaled one more interest-rate hike may be needed this year, but said further tightening won't be necessary in 2027. The remarks improved sentiment toward the precious metal, which had been under pressure from rate-hike bets.
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