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Hot inflation report throws cold water on Fed rate cuts

THE STREET·2h ago·3 min read
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April’s hot inflation reading isn’t going to change the Federal Reserve’s dire outlook for interest-rate cuts in 2026 but it will make incoming Fed Chair Kevin Warsh’s job tougher during his first year leading the world’s most powerful central bank. The Senate is expected to confirm President …

April’s hot inflation reading isn’t going to change the Federal Reserve’s dire outlook for interest-rate cuts in 2026 but it will make incoming Fed Chair Kevin Warsh’s job tougher during his first year leading the world’s most powerful central bank. The Senate is expected to confirm President …

April’s hot inflation reading isn’t going to change the Federal Reserve’s dire outlook for interest-rate cuts in 2026 but it will make incoming Fed Chair Kevin Warsh’s job tougher during his first year leading the world’s most powerful central bank. The Senate is expected to confirm President …

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