Developing storyline

Gold price rally amid Fed rate-cut expectations

Gold price rally continues as weaker US labor data, cooling inflation and expectations of Fed rate cuts lift bullion, mortgage markets and equities even as some economists push back on rate-cut bets amid sticky inflation, Fed Chair Kevin Warsh's cautious communication, and renew…

26 stories1122 sourcesUpdated Aug 31, 2026

In this storyline:Federal Reserve System Nvidia Donald John Trump United States of America The Strait Of Hormuz Kevin Warsh Dow Jones Industrial Average United Kingdom

Gold price rally amid Fed rate-cut expectations — Photo: merwak. raw / Wikimedia Commons (Pexels)

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total articles across this storyline · last 72h

Key developments

Aug 28, 2026
Former Fed governor Raghuram Rajan and others push for a September rate hike rather than a cut, arguing inflation remains sticky and financial conditions aren't restrictive.
10 sources on this →
Aug 28, 2026
Global bond yields firm ahead of Fed Chair Kevin Warsh's Jackson Hole speech, with US 10-year yields near 4.68% and eurozone energy-price risks weighing on markets.
16 sources on this →
Aug 28, 2026
US payroll growth for the year through March is revised down by about 79,000 jobs, signaling a softer labor market that could bolster the case for Fed rate cuts.
12 sources on this →
Aug 28, 2026
Mortgage rates slide ahead of the Fed's Jackson Hole symposium as markets weigh rate-cut expectations, with US averages sitting in the mid-6% range.

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Stories in this storyline

Finance

Warsh Signals Possible Hikes, Inflation Focus

New Fed Chair Kevin Warsh has moved to a more reserved communications style, offering far less forward guidance on inflation and policy than his predecessors, which has left markets unsettled about whether and when he might raise rates. As he prepares to speak at Jackson Hole, economists expect him to clarify his policy framework and inflation strategy, though skeptics warn he may still avoid concrete rate-signaling amid persistent price pressures.

176 sources

World

Markets Fall Amid West Asia Tensions, Oil Rally

Global markets cooled as hawkish indications from Fed Chair Warsh, renewed Middle East tensions, and higher oil prices spurred expectations of a September rate hike, weighing on tech-heavy indices in Asia and easing Indian shares early trading. Traders also watched for shifts in yields and the dollar as flows and regional risk sentiment diverged, with some assets and sectors more resilient than others.

7 sources

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6 sources on this →

Aug 29, 2026

European shares rise, led by a French rebound and gains in banks and luxury stocks, as investors weigh Fed Chair Kevin Warsh's hawkish Jackson Hole remarks.

7 sources on this →

Aug 29, 2026

Markets eye crucial US jobs data, including July openings and August employment, as the Fed weighs future rate moves amid a hawkish Jackson Hole tone underscoring labor-market resilience.

7 sources on this →

Aug 29, 2026

New Fed Chair Kevin Warsh offers far less forward guidance than his predecessors, leaving markets unsettled about the timing and likelihood of rate hikes ahead of his Jackson Hole address.

176 sources on this →

Aug 31, 2026

Global markets fall as hawkish signals from Fed Chair Warsh, renewed Middle East tensions and rising oil prices boost expectations of a September rate hike.

7 sources on this →

Finance

Markets expect jobs data; Fed policy in focus

Investors are eyeing crucial U.S. jobs data this week, including July openings and August employment, as the Federal Reserve weighs future rate moves amid inflation risks. A hawkish tone from Fed leadership, notably at Jackson Hole, underscores a focus on labor-market resilience and the prospect of multiple rate increases this year, even as markets digest oil-price pressures and global tensions.

7 sources

Finance

European stocks rise as French shares rebound

European shares rose as French equities rebounded and investors weighed Fed Chair Warsh’s Jackson Hole remarks, with the STOXX 600 up about 0.5% and France’s CAC 40 near a 1% gain while banks and luxury names led the rally. Strong auto and luxury stock gains, along with hawkish talk on rates and France’s flat second-quarter GDP, underscored a cautious mood as ECB rate expectations firmed and sentiment looked to upcoming ratings reviews.

7 sources

Finance

Mortgage rates slide ahead of Jackson Hole speech

VA Jumbo loans broaden buying power for veterans and active-duty borrowers with little or no down payment, though entitlement and regional limits can affect how much can be borrowed. Across lenders, fixed and floating rates are fluctuating, with current US averages in the mid-6% range and guidance on securing the best deal including credit health, larger deposits, shopping around, and term choices, alongside UK-focused tips for Santander borrowers.

6 sources

Business

US payrolls revised down by 79,000

The Labor Department’s preliminary revisions show about 79,000 fewer US payroll jobs than previously estimated in the 12 months through March, with the downward adjustments spread across sectors but offset by gains in areas such as transportation and government. The revisions come amid a softer labor market and higher inflation, touching political dynamics as President Trump faces scrutiny over economic signals and the timing of the benchmark update.

12 sources

Photo: Federalreserve / Wikimedia Commons (Public domain)

Finance

Global Yields Rise Ahead of Warsh Speech

Global bond yields firmed ahead of Fed Chair Kevin Warsh's Jackson Hole speech, with US 10-year yields around 4.682% and the German 10-year Bund at 3.276%, as eurozone energy-price risks weighed on markets. In India, the 10-year G-Sec rose to about 6.91% ahead of a large debt sale, aided by RBI dollar support and hawkish minutes that heightened rate-hike expectations while investors awaited Warsh's guidance.

16 sources

Photo: Federalreserve / Wikimedia Commons (Public domain)

Finance

Markets Price Fed Rate Hike Amid Sticky Inflation

Former RBI governor Raghuram Rajan urged the Fed to hike now, arguing that inflation remains strong and financial conditions are not restrictive, and he backs Warsh's hawkish stance. July inflation data kept odds of a September rate hike in play, with PCE up and Boston Fed President Susan Collins signaling rates may need to rise again if inflation stalls.

10 sources

Photo: Ron Lach / Wikimedia Commons (Pexels)

Finance

Jobless Claims Dip to 203,000; Trade Deficit Widens

The latest data show initial unemployment claims fell to 203,000 for the week ended Aug 22, signaling ongoing labor-market stability with the jobless rate at 4.1% and continuing claims near 1.78 million, even as hiring slows. Meanwhile, the U.S. goods trade deficit widened in July to about $118.8 billion as imports rose and exports fell, a trend that intersects with discussions on tariff strategies to reduce the deficit.

20 sources

Photo: dumitru B / Wikimedia Commons (Pexels)

Finance

Dollar steadies ahead of Jackson Hole

The US dollar remained firm ahead of the Jackson Hole symposium as inflation data reinforced expectations that the Fed will stay patient on rate cuts, keeping yields relatively elevated and supporting the dollar. Meanwhile, signals from the Bank of Japan kept the yen steadier and markets weighed the likelihood of a September BOJ move, with overall currency moves staying subdued ahead of central-bank commentary.

5 sources

Photo: Đào Thân / Wikimedia Commons (Pexels)

Finance

July PCE data expected to influence Fed policy

Forecasters expect July’s PCE to rise modestly with core PCE around 3.3% year over year, keeping inflation above the Fed’s 2% target and maintaining expectations for potential further rate moves in September, while AI-driven software and IT costs echo in core inflation. Markets will also key on a July PCE read alongside an upcoming Q2 GDP estimate and ongoing FOMC debates on the appropriate stance of policy.

10 sources

Photo: Ajay Suresh / Wikimedia Commons (CC BY 4.0)

Finance

Oil drop steadies Wall Street as yields ease

Oil prices fell again, easing inflation fears and helping Wall Street bid up major indices as bond yields declined, with the S&P 500, Dow, and Nasdaq all rising and Nvidia among AI-stock leaders lifting sentiment. The broad move was supported by a drag on energy prices and bets that lower rates could sustain reflation-friendly growth.

6 sources

Finance

Wall Street Edges Higher, Yields Fall

US equities climbed as technology and semiconductor shares led a broad rally ahead of Nvidia's earnings, with investors weighing softer yields, inflation data, and near-term policy signals from Jackson Hole. While Nvidia and peers underpinned the AI-driven rally, pockets of weakness like Dick's Sporting Goods and certain retailers tempered gains as markets monitor earnings and macro data.

11 sources

Photo: Kevin Warsh — Wikimedia Commons / Wikimedia Commons

Finance

European shares steady amid Iran sanctions uncertainty

European stocks hovered with little direction as investors weighed U.S. sanctions on Iran, Nvidia earnings, and Jackson Hole speeches, while energy shares were mixed and travel and leisure showed resilience. Markets are also eyeing central-bank policy paths, inflation signals, and geopolitical tensions that could influence oil and tech equities.

6 sources

Photo: Zeete / Wikimedia Commons (CC BY-SA 4.0)

Finance

Nvidia Raises AI-Server Prices, Licenses Poolside Tech

Nxvidia’s quarterly results, alongside the Federal Reserve’s Jackson Hole gathering, are poised to steer markets as yields rise and AI-related optimism clashes with uncertainty about the policy path. Investors await fresh signals on inflation, interest rates, and whether the AI-driven equity rally can withstand higher borrowing costs and evolving guidance from the Fed.

112 sources

Finance

Asian Stocks Slip Ahead of Jackson Hole

Asian shares slipped as investors brace for the Fed's Jackson Hole symposium and the release of the July PCE inflation data, with rising bond yields and Middle East tensions weighing on risk assets. The week centers on AI-related earnings and policy signals, as Nvidia and Alibaba movements and fluctuating oil prices shape market expectations.

7 sources

Photo: Ron Lach / Wikimedia Commons (Pexels)

Finance

Jobless claims hold at 206,000, signaling stability

Initial U.S. jobless claims fell to 206,000 for the week ending Aug. 15, down 6,000 from the revised prior week, with economists forecasting about 210,000. Continuing claims rose to 1.799 million, signaling hiring remains soft but layoffs stay historically low, a combination that suggests a resilient labor market potentially allowing the Federal Reserve to hold rates in September.

8 sources

Photo: Ron Lach / Wikimedia Commons (Pexels)

Finance

U.S. July Retail Sales Fall 0.6%, One-Off Drivers Cited

U.S. retail sales fell 0.6% in July, signaling a loss of near-term consumer momentum even as year-over-year growth remains solid. Analysts attribute the weakness to fading tax relief and higher prices, though stock-market wealth and a still-resilient labor market are seen as cushioning spending, shaping expectations that the Federal Reserve will tread carefully on policy.

113 sources

Finance

Boston Fed finds productivity offsets 2025 tariff inflation

A Federal Reserve Bank of Boston study finds that productivity growth in 2025 offset much of the inflationary pressure from President Donald Trump’s tariffs, leaving a net impact of about 0.5 percentage points on core PCE inflation. The research suggests tariffs alone do not explain the 3% inflation level, as stronger productivity and reduced hours helped producers absorb higher costs, though other factors may still be driving inflation higher.

7 sources

Photo: Nadin Sh / Wikimedia Commons (Pexels)

Finance

UK Inflation Rises to 2.9% on Gas Costs

UK inflation rose to 2.9% in July, driven by surging gas prices as energy costs and oil prices push consumer prices higher and market turbulence spreads to Asian equities. European gas prices hit multi-week highs on Gulf tensions, low storage and LNG disruptions, with Strait of Hormuz risks and geopolitical flare-ups shaping expectations for winter supply while geopolitics extend into US-Iran dynamics, including President Trump’s hardline posture.

8 sources

Photo: Shealeah Craighead / Wikimedia Commons (Public domain)

Finance

Asian shares rise as Fed hike odds fade

Asian markets were mostly mixed as investors weighed oil-price gains against cooler US inflation data and ongoing Iran-Hormuz tensions, with a subdued likelihood of near-term Federal Reserve rate hikes. The narrative across regions saw China and Japan trim losses or post gains while others faced declines, as Trump pressed for higher gasoline prices and urged reductions in joint military exercises.

7 sources

Finance

Indian stocks expected muted start as oil climbs

Indian shares are seen opening flat to slightly lower as weak U.S. data and renewed U.S.-Iran tensions weigh on growth expectations, with Brent crude near $89 a barrel adding to inflation and margin concerns. The GIFT Nifty points to a muted start as traders weigh oil prices, global cues from Wall Street, and key levels for the Nifty in the coming session.

5 sources

Finance

July Inflation Softens; Fed Path and Geopolitics in Focus

The US dollar hovered near a two-month low as markets awaited this week’s inflation data, with weaker July jobs data easing expectations for a Fed rate hike and sending Treasury yields lower. Meanwhile the euro and yen held firm, oil prices rose, and analysts say inflation signals will continue to drive currency moves this week.

156 sources

Finance

Stocks Edge Higher as Inflation Cools, Oil Rises

U.S. stock futures fluctuated as investors balanced weak job data and an upcoming inflation report with ongoing Iran-related tensions over the Strait of Hormuz, keeping a roughly 44% chance of a September Fed rate hike priced in. Earnings News from major tech and AI-related firms and anticipation of CPI data dominated sentiment as markets look for clarity on the path of rates and global oil supply risk.

178 sources

Photo: merwak. raw / Wikimedia Commons (Pexels)

Finance

Gold Rises as Inflation Bets Drive Rally

Gold markets are flashing bullish reversal signals, with prices stabilizing above key levels and technical indicators turning positive as a potential recovery gains momentum, while analysts foresee substantial upside for miners given strong profitability and favorable macro conditions. In company news, Americas Gold and Silver is pursuing a debt-cleanup and operational upgrades at its Galena Complex, a development some see as setting up a cleaner, higher-potential profile despite ongoing losses and mixed recent performance.

145 sources

Finance

Gold Above 4400 as Fed Watch Grows

Gold prices firmed across multiple markets: Iraqi rates rose around 930,000–950,000 IQD per mithqal in Baghdad and Erbil, Vietnamese and regional bullion indices hit multi‑week highs on global price gains, and Indian futures climbed on renewed spot demand as futures and spot prices moved higher. The rally was driven by weaker US payrolls and fading expectations of further Federal Reserve rate hikes, lifting spot gold to around $4,350 an ounce.

80 sources