inflation · September 30, 2026

Gold Holds Steady After Softer Inflation Cools Fed Rate-Hike Bets

Gold held steady after softer inflation data moderated expectations for Federal Reserve rate increases.

What happened

Gold was steady as softer inflation data tempered bets on Federal Reserve rate hikes, according to Bloomberg Markets.

What it means for the Nasdaq and TQQQ

Softer inflation data can influence expectations for Federal Reserve rate policy, and rate expectations are a channel that can affect Nasdaq-100 valuations and risk appetite. Because TQQQ seeks about 3x the daily performance of the Nasdaq-100, changes in the index’s reaction can be amplified in the fund.

Originally reported by Bloomberg Markets. Written up by Quant Paradise from the report's headline; see the original outlet for full details.

Related

• Fed's preferred inflation gauge runs cooler than forecast September 30, 2026
• US Core PCE Rises 0.2% as August Consumer Spending Soars September 30, 2026
• Gold Holds Steady as Market Waits for US Inflation Indicator September 30, 2026

Education, not investment advice.