Gold Research

Federal Reserve: Extended pause but hike risk rising – UOB

UOB strategists expect the Federal Reserve (Fed) to keep the Fed Funds Target Rate at 3.50%–3.75% at the July Federal Open Market Committee (FOMC) meeting and maintain a base case of an extended pause through 2026, with easing only in 2Q and 4Q 2027 once transitory inflation fades.

UOB strategists expect the Federal Reserve (Fed) to keep the Fed Funds Target Rate at 3.50%–3.75% at the July Federal Open Market Committee (FOMC) meeting and maintain a base case of an extended pause through 2026, with easing only in 2Q and 4Q 2027 once transitory inflation fades.

Gold impact rationale

Rising rate-cut or dovish expectations reduce gold's opportunity cost.

  • Source: FXStreet news
  • 2026-07-27
  • rates

Topics: gold news, gold price impact, rates