Fed won’t hike but hold, Warsh may have started too hawkish, and U.S. policy is driving sovereign gold demand – Natixis’ Christopher Hodge
Economist Christopher Hodge provides commentary on new Fed Chair Kevin Warsh:
Inflation will be the Fed’s principal preoccupation for the balance of 2026, but that doesn’t mean monetary policy will move an inch, while U.S. sanctions and trade policies continue to stoke sovereign demand for gold, according to Christopher Hodge, Head Economist for the U.S. at Natixis.
In an interview with Kitco News, Hodge, who previously served as Principal Economist at the New York Fed and Deputy Director of Europe and Eurasia at the Treasury Department, shared his views on the likely trajectory for interest rates under the new-look Federal Reserve, the difficult position Chair Kevin Warsh has put himself in, and the role U.S. policy has played in pushing other central banks away from the dollar and into gold.
Read Chris’s full Assessment at KITCO.com.