Inflation Is Spiking – but the Fed Could Still Cut Rates (And It Has Nothing to Do with Trump)

The June FOMC meeting will be the first under new chairman Kevin Warsh, with the Fed expected to keep rates unchanged. Despite President Trump's push for a rate cut, the article indicates no policy shift is likely at this meeting, implying a steady backdrop for rates and broader markets.

Analysis

The June FOMC meeting will be the first under new chairman Kevin Warsh, with the Fed expected to keep rates unchanged. Despite President Trump's push for a rate cut, the article indicates no policy shift is likely at this meeting, implying a steady backdrop for rates and broader markets.