Minneapolis Fed’s Kashkari warns inflation risks remain elevated - Finance & Commerce

Gold prices fell to a two-month low as escalating US-Iran tensions fueled inflation fears, potentially leading to tighter monetary policy expectations.

US core PCE inflation is expected to move further away from the Federal Reserve's target.

Fed's Jefferson stated his focus remains on inflation, citing a "very resilient" US labor market, suggesting a hawkish stance.

Fed Vice Chair Jefferson states the Fed remains focused on inflation given the "very resilient" US labor market.

Gold prices fell to a 2-month low due to increased US-Iran tensions, which fueled inflation fears.

Fed's Jefferson emphasizes focus on inflation due to a very resilient US labor market.