Fed's cautious path: oil shock and inflation cloud easing bets
TL;DR Summary
The Federal Reserve is expected to hold rates steady while issuing new projections that may still mark a path of eventual easing this year and into 2027, but an Iran-related oil shock and persistently hotter inflation complicate the outlook, with investors also watching how these signals could shape the eventual successor to Powell, Kevin Warsh.
- New economic projections signal a tricky Federal Reserve path Axios
- The Fed Keeps Getting Hit With New Shocks in Its Yearslong Inflation Fight WSJ
- Morgan Stanley Sticks With June Rate Cut Call Despite Oil Surge Bloomberg.com
- Iran war is making it harder for the Federal Reserve to cut interest rates CBS News
- The Fed is no stranger to oil crises. But this time could be different CNN
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