June Payrolls Expected to Boost Rate-Hike Bets

The FOMC’s tone at the June meeting, together with Chairman Kevin Warsh’s news conference, has raised the prospect of a near-term rate hike. Aditya Bhave, Head: US Economics at Bank of America, discusses the Fed and his interest rate outlook… The FOMC’s tone at the June meeting, together with Chairman Kevin Warsh’s news conference, has raised the prospect of a near-term rate hike. Aditya Bhave, Head: US Economics at Bank of America, discusses the Fed and his interest rate outlook for the remainder of 2026. (Source: Bloomberg)