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Inflation flips Wall Street's Fed interest-rate bets
Key takeaways
- Inflation flips Wall Street's Fed interest-rate bets Mary Helen Gillespie Sat, June 27, 2026 at 10:17 PM GMT+7 6 min read Remember how this was supposed to be the Hot Rate-Cut Summer?
- Despite falling gas prices, economists and Fed watchers remain concerned that stubborn sticky inflation driven by rising service costs and solid wage growth could persist through the year-end.
- That may also include interest-rate hikes.
Inflation flips Wall Street's Fed interest-rate bets Mary Helen Gillespie Sat, June 27, 2026 at 10:17 PM GMT+7 6 min read Remember how this was supposed to be the Hot Rate-Cut Summer?
Despite falling gas prices, economists and Fed watchers remain concerned that stubborn sticky inflation driven by rising service costs and solid wage growth could persist through the year-end. This underlying pressure may compel the Kevin Warsh-led Federal Reserve to hold interest rates higher for longer to fully cool the economy.
That may also include interest-rate hikes.
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