Back
68· Active
Economics4h 13m ago
Investors and economists assess that the Federal Reserve is unlikely to cut interest rates this year, despite an Iran peace deal, due to persistent inflation and a strong labor market.
Archive Window: 7 Days Left
United States
Who
Federal Reserve, investors, Desmond Lachman, Dennis Lockhart, Ryan Young, Jamie Cox
What
Investors and economists assess that the Federal Reserve is unlikely to cut interest rates this year, despite an Iran peace deal, due to persistent inflation and a strong labor market.
When
Fri, 19 Jun 2026 10:00:00 GMT · 4h 13m ago
Where
United States ·
Why
Consumer Price Index inflation rose to 4.2% and Producer Price Index inflation to 6.5% for the year ending May, both above the Fed's 2% target, while the economy added 172,000 new payroll jobs in May and job openings increased to 7.6 million in April.
The Frontline Impact
How this affects you
The Federal Reserve faces sustained pressure to maintain higher interest rates, potentially delaying monetary policy easing and affecting economic growth expectations.
Story chain
1 event in this threadNo related history yet - this is the origin event.