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Gold & Silver Market News — Sep 24, 2026, 20:10–00:10 UTC
Sep 24, 08:10 PM - 12:10 AM UTC
Fed Officials Signal Potential for Further Rate Hikes
Federal Reserve officials indicated that additional interest rate increases may be necessary to curb persistent high inflation. This hawkish stance suggests a continued focus on tightening monetary policy to ensure price stability.
International Central Banks Hold Rates Steady
Several central banks are maintaining their current interest rates in response to ongoing inflation concerns. The Bank of Mexico held its benchmark rate steady, citing sticky core inflation, while the central bank of Egypt also decided to keep its key interest rates on hold.
Sources
1Egypt central bank holds interest rates steady at 19%2Bahamas accuses DEA agents of illegal "rogue" operations on its soil3Repsol warns 90% of crude supplies may not meet EU methane rules4Fed officials see rates likely rising to curb high inflation5White House asks OpenAI, Anthropic to hold models from British testers, Politico reports6Bank of Mexico keeps rates on hold, tweaks its forward guidance