CPI May 2026
-
Warsh’s First Fed Meeting Flips the 2026 Outlook From Cut to Hike: An Economic Look at the New Communications Framework, the May 4.2% CPI Print, and What Borrowers, Savers, and Investors Should Track Next
In his first meeting as Federal Reserve chair, Kevin Warsh held rates at 3.50-3.75 percent, slashed the policy statement to roughly 132 words, removed forward guidance, and presided over a hawkish SEP revision that flipped the 2026 outlook from a projected cut to a possible hike. An economic look at the new framework, the May… Continue reading
core PCE inflation, CPI May 2026, dot plot, fed funds rate, Federal Reserve, FOMC, forward guidance, higher for longer, inflation outlook, interest rate hike 2026, Iran energy shock, June FOMC meeting, Kevin Warsh, monetary policy, mortgage rates 2026, Powell to Warsh, rate cut expectations, savings rates 2026, Summary of Economic Projections, Treasury yields