Fed Appoints Hawkish Advisors, Intensifying Rate Hike Expectations and Pressuring Precious Metals

Published: Jun 3, 2026 09:46

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[SMM Precious Metal Express] Fed Chairman Warsh appointed two conservative advisors, reinforcing hawkish bias. Fed official Hammack stated that action may be needed soon to address high inflation. Market expectations for a rate hike this year have further intensified, putting near-term pressure on precious metal prices.

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