Fed's Waller Sees Reasonable Inflation, Hints at Patience; Gold Rises, Dollar Falls

Published: Sep 4, 2026 09:14

Save

[SMM Precious Metal Express] Fed Governor Waller said that next month's CPI and PPI are expected to be at "reasonable levels," and the current rate setting could bring inflation back to the 2% target, suggesting waiting for another meeting before deciding. Markets interpreted this as dovish, with traders trimming September rate hike odds from 63% to 60%. The dollar fell 0.56%, Treasury yields dropped across the curve, and spot gold rose approximately 2%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

16 hours ago

Gold Price Forecast: UniCredit Targets $5,200 By End-2026

16 hours ago

Gold Price Forecast, Prediction: RBC Leans Toward $4,929 By Year-End, $5,296 In 2027

16 hours ago

17 hours ago

Goldman Sachs sees gold price at $4,900 by year-end, but investors hedging via gold derivatives may drive it even higher

17 hours ago

Related News

Gold Price Forecast: UniCredit Targets $5,200 By End-2026

Sep 03, 2026 17:06

Gold Price Forecast, Prediction: RBC Leans Toward $4,929 By Year-End, $5,296 In 2027

Sep 03, 2026 16:51

Goldman Sachs sees gold price at $4,900 by year-end, but investors hedging via gold derivatives may drive it even higher

Sep 03, 2026 16:33

Gold technical outlook: Key support levels could shape the next upside attempt

Sep 03, 2026 16:31