ECB's De Guindos: We're at inflation target, uncertainty very high

Fed's Miran: I'm Looking For About 1.5 Points Of Cuts In 2026 - Underlying Inflation Is Running At 2.3% - Could Add About 1 Mln Jobs Without Causing Inflation Fed's Miran: We're still materially above neutral in my mind MIRAN: FED IS RUNNING UNNECESSARY RISKS TO LABOR MARKET

The debasement trade is raging. Precious metals prices are at the highs, driven by fear that out-of-control fiscal policy will end in debt monetization. But there’s a puzzle. If markets are so worried that debt will be inflated away, why is break-even inflation not higher? This is probably the main pushback on the debasement trade, but I think it’s ...

Kenneth Hoffman, head of commodity strategy at Red Cloud Securities, joins BNN Bloomberg to discuss precious metals and the demand for copper in 2026.