Inflation Jumps 2.7% in June as Tariff Impacts Start to Show

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The June Consumer Price Index (CPI) report showed headline inflation rising to 2.7% year‑over‑year, while core CPI — which excludes volatile food and energy components — reached 2.9%. Several consumer goods categories registered notable increases after months of declines, a pattern consistent with the first pass-through of higher import costs into retail prices. Apparel, footwear … Read more

Fed’s Logan: Interest Rates Could Stay Higher Longer Due to Tariffs

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Dallas Federal Reserve President Lorie Logan said Tuesday that interest rates will probably need to remain elevated for an extended period to ensure inflation comes down and stays under control. She highlighted that recent policy should remain on the restrictive side to prevent a resurgence of price pressures, particularly in light of new trade measures … Read more

Gold Pauses Near $2,940 Ahead of Trump’s Tariff Deadline

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Gold prices slipped modestly on Tuesday but stayed close to their record highs as concerns over trade tensions linked to President Trump’s tariff proposals continued to drive demand for safe-haven assets. Following a peak of $2,956.15 on Monday — marking the eleventh record high this year — spot gold eased about 0.4% to $2,938.63. Market … Read more

U.S. Banks Can Now Offer Crypto Services Without Fed Approval

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The Federal Reserve has formally rescinded its guidance that previously required banks to obtain prior approval before engaging in crypto-related activities. This move comes after similar steps by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), fulfilling a campaign pledge by President Trump to ease restrictions on … Read more

House Republicans Advance Trump’s Fiscal Plan by Two Votes

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House Republicans narrowly approved a budget resolution on Tuesday that sets the stage for up to $4.5 trillion in tax cuts and roughly $2 trillion in federal spending reductions over the next decade. The resolution passed by a 217-215 vote after a chaotic hour that included a canceled vote and a last-minute revival, underscoring the … Read more

Stagflation and Gold: Why the Recent Selloff Misses the Bigger Picture

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🌅 Morning News Nuggets | Today’s top stories for gold and silver investors March 23rd, 2026 | Brandon Sauerwein, Editor Gold dropped nearly 4% today, and silver is trading near $68 — down roughly 17% over five days. The unfolding stagflation risk is being tested in real time, and recent Fed guidance has complicated the … Read more

Indian Gold Market Divides: Investors Buy While Jewelry Sales Fall

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Gold jewelry demand in India has weakened sharply since January and the softness has continued into February. While retail purchases have slowed, investment demand remains strong: investors are favoring bars, coins and exchange-traded funds (ETFs), with ETFs posting record inflows in January. The Reserve Bank of India has resumed gold purchases, adding about 2.8 tonnes … Read more

Russia Cuts Interest Rate by 200 bps as Inflation Slows

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On Friday, Russia’s central bank reduced its key interest rate from 20% to 18%, in line with economists’ forecasts and representing the largest single cut in more than three years. The decision came as consumer price growth showed signs of slowing: weekly CPI fell by 0.05%, and annual inflation has moderated from a March peak … Read more