Gold and silver prices under pressure from rising inflation and rate expectations, new Indian import tariffs – Heraeus - KITCO

Bill Dudley warns that the Fed's consistent failure to meet its 2% inflation target could erode confidence in the central bank.

A mediocre 2-year Treasury auction priced at the highest yield since February 2025, indicating weaker demand and higher borrowing costs.

Former New York Fed President Dudley states that the Fed's credibility is at risk due to not meeting its inflation target, implying a failure to control inflation and potentially signaling more restrictive monetary policy ahead.

Citadel Securities argues that the Federal Reserve should move towards hiking rates as inflation rises, which could heighten market expectations for a more aggressive tightening of monetary policy.

Failure of US-Iran talks could lead to a generational shock in oil markets this summer due to hostilities around the Hormuz chokepoint.

Former NY Fed President Dudley warns the Fed risks losing credibility as an inflation fighter.