Fed and Warsh under increasing pressure to keep rates higher, thanks to labor market strength

Fed and Warsh under increasing pressure to keep rates higher, thanks to labor market strength

The Federal Reserve is under more pressure to hold interest rates steady, or even raise rates, given recent indications that the labor market is strong. The Fed last cut rates in 2025 and, given the recent uptick in inflation, appears unlikely to revise them down again this year. And while inflation has been trending up, […]

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