Fed's Hawkish Stance on Inflation Boosts September Rate Hike Odds, Pressuring Precious Metals

Published: Jul 1, 2026 09:28

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[SMM Precious Metal Express] Fed's Hammack stated inflation remains too high and rate hikes may need to be considered; interest rate futures show the probability of a September rate hike has risen to 80%. Hawkish remarks have reinforced rate hike expectations, putting near-term pressure on precious metals.

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