While the Consumer Price Index (CPI) figures largely met expectations, they imply that the Federal Open Market Committee (FOMC) is inclined to keep interest rates steady. As the outlook for the Fed points towards maintaining rates both in September and potentially in November (with a 60% likelihood), investors are increasingly drawn to higher-yielding assets such as U.S. Treasury bonds, diverting their attention away from zero-interest Silver. All eyes are now on forthcoming economic data, including U.S. August producer prices and retail sales figures, along with the European Central Bank’s interest rate decision.