The US dollar reached a six-month high against the yen as several Fed officials suggested that monetary policy may need further tightening. Minneapolis Fed President Neel Kashkari said the US rate may need to be 6% for inflation to achieve the 2% target, while the St. Louis Fed President James Bullard said the bank may need to increase it half a point this year. Meanwhile, the debt ceiling deadline prompted concern over the situation and boosted the US dollar’s safe-haven status.
Silver and gold ETFs fall up to 4% ahead of Fed decision. What investors should do
Silver and gold ETFs fell nearly 4% on Wednesday, tracking a mild decline in MCX prices as investors turned cautious ahead of the U.S. Federal
March 18, 2026