Federal Reserve: Further hikes supported by resilient economy – Nordea

Nordea strategists expect the Federal Reserve (Fed) to deliver two additional rate hikes, arguing that resilient United States (US) growth, persistent inflation and continued labour-market strength suggest monetary policy is not yet sufficiently restrictive.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-18
• rates

Topics: gold news, gold price impact, rates