I don’t follow local financial news that much and rely on USA...

I don’t follow local financial news that much and rely on USA markets through different interviews. The reasoning is they seem to be very accurate most of the time.
The only way to bring inflation down is to increase unemployment to about 5.5%. Interest rates will continue to increase if the employment numbers don’t start dropping ie more spending ability. The Biden government continues to print more money which in turn doesn’t help the federal reserve much.
All the important people in these market shows are talking 5 years not me.
Is gold not a hedge against inflation? It fell $50/ ounce which is unusual as inflation is high