Federal Reserve Chair Kevin Warsh is facing mounting pressure to address persistent inflation that has plagued the U.S. economy. The Fed’s policy rate remains in the 3.5% to 3.75% range, while inflation has consistently exceeded the 2% target for over five years. Market expectations indicate a low probability of rate cuts between July and October 2026, with participants anticipating the continuation of a restrictive monetary stance. Upcoming releases of CPI and PPI data, along with statements from Fed officials, will be critical in determining any potential shift in policy direction.
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