Dollar Gains and Gold Falls on Hawkish Fed Comments

Written on 09/21/2026
Rich Asplund

The dollar index (DXY00 ) is up by +0.16% today. The dollar is moving higher today on hawkish comments from Chicago Fed President Austan Goolsbee, who said the Fed may have to hike interest rates further to restore price stability. Dollar gains are limited by the -4% plunge in WTI...A U_S_ banknote that is digitally warped by Ruslan Lytvyn via Shutterstock