Interest rate policy stories

Sep 4, 2026

Gold prices rise as weak US jobs data fuels Federal Reserve rate cut expectations

Gold erased earlier losses and headed for a weekly gain after US labor market data showed signs of cooling, strengthening expectations that the Federal Reserve will cut interest rates. Markets focused on upcoming payrolls data for further direction on monetary policy.

Sep 4, 20263 sources

Aug 6, 2026

Trump calls Fed Chair Kevin Warsh repeatedly, testing central bank independence

President Trump has repeatedly called Federal Reserve Chairman Kevin Warsh to chat, renewing questions about the independence of the central bank. Trump publicly stated rates should drop but acknowledged it's not entirely Warsh's decision alone.

Aug 6, 20263 sources

Top claims

▪US job openings fell in July 2024 to their lowest level since the start of 2021, while layoffs rose, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey.
▪Elevated interest rates historically weigh on gold because it is a non-yielding asset, despite its role as an inflation hedge.
▪Spot silver fell 0.1 percent to US$66.88 per ounce, platinum lost 0.3 percent to US$1,820.18, and palladium declined 0.4 percent to US$1,415.37 on September 4, 2026.

People involved

Donald Trump

Subtopics

AI labor market1 Federal Reserve1 Federal Reserve independence1 Federal Reserve monetary policy1 Gold market1 International trade1 Trump administration1

Related timelines