Gold Jumps While Inflation Stalls, Weak Spending Intensifies December Fed Cut Bets

Gold rockets past $4,100 as inflation flatlines and spending crumbles—but the Fed’s December move could flip everything. Here’s what nobody’s saying.

Fed’s Hammack: Forget a Fast Return—2% Inflation Is 2–3 Years Away

Fed’s Beth Hammack shatters hopes for quick relief: 2% inflation won’t return until 2027 or later, with recession risks climbing and rate cuts abandoned.