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Gold & Silver Market News — May 3, 2026, 20:10–00:10 UTC
May 3, 08:10 PM - 12:10 AM UTC
Fed Official Cites Geopolitical Risk, Monetary Policy Uncertainty
Minneapolis Federal Reserve President Neel Kashkari stated that a potential conflict involving Iran creates significant uncertainty, which limits the central bank's ability to provide forward guidance on interest rates. He noted that such a conflict could introduce upside risks to inflation, further complicating the outlook for monetary policy and making the timing of potential rate cuts unclear.