Robin Brooks(@robin_j_brooks):If the Fed hikes in September, it'll only do so to anchor long-term yields, though obviously that won't be the stated reason. Yield caps among rising debt and out-of-control deficits are the bread and butter of the debasement trade. Gold will keep rising. https://t.co/g0dhPo6RFv

Robin Brooks

@robin_j_brooks

Senior Fellow @BrookingsInst, previously Chief Economist @IIF and Chief FX Strategist @GoldmanSachs. Opinions are my own. Email: RBrooks@brookings.edu.

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Robin Brooks@robin_j_brooks

2026.08.30 11:38

If the Fed hikes in September, it'll only do so to anchor long-term yields, though obviously that won't be the stated reason. Yield caps among rising debt and out-of-control deficits are the bread and butter of the debasement trade. Gold will keep rising.