Preston Mui

In the days after the FOMC press conference, we have a couple of speakers talking about the possibility that they may need to move to protect the labor market.

Note: Subscribers to MacroSuite will receive our FOMC preview a week early, at the beginning of the blackout period before each FOMC meeting. What To Expect: The Fed has signaled a hold on interest rates not just in June, but throughout the summer. With risks to the inflation trajectory on

It’s just a waiting game for the inflation data to show the effect of tariffs or the labor market starts to show signs of breaking.

The Fed will be able to lean on the still-low unemployment rate as a reason for them to hold of making any decisions about interest rates, but the outlook for the labor market is not great.

Last month, Senator John Kennedy (R-LA) introduced the Same Care, Lower Cost Act, which would direct the Secretary of Health and Human Services to implement site-neutral Medicare payments. Due to the breadth of services where payments could be made site-neutral under the Act, it is one of the most ambitious

A light week of Fedspeak, but a few notable pieces from some of the Committee.

There's still a lot of speculation around the effects of tariffs in this week's Fedspeak, but they're still waiting for the data. The uncertainty around other policies is also encouraging them to stay noncommital on rate movements.

This week, FOMC members continue to project confidence in the ability of the economy to withstand the risk of a recession from tariff policy, at least long enough to allow the Fed to figure out what to do.