The FOMC voted to keep interest rates unchanged, with one dissenter (Stephen Miran). Market observers view the decision as unsurprising, but Tom White warns of downside surprises if the Fed pauses cuts in 2026 or potentially hikes in 2027 should inflationary pressures re-emerge.
The FOMC voted to keep interest rates unchanged, with one dissenter (Stephen Miran). Market observers view the decision as unsurprising, but Tom White warns of downside surprises if the Fed pauses cuts in 2026 or potentially hikes in 2027 should inflationary pressures re-emerge.
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