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Why the Fed is ‘Genuinely Conflicted’ on Interest Rates
Kevin Warsh, chairman of the Federal Reserve, attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 7, 2026 in Sun Valley, Idaho.Credit: Kevin Dietsch / Getty ImagesKey TakeawaysInflation risks remain elevated, fueled by energy prices and AI-related investments, despite some signs of easing.The Fed may hold rates steady or even cut them if inflation cools and the labor market weakens.The Federal Reserve agrees on the game plan for interest rates. The only problem is the central bank has little clue what the second half of the year will bring.That’s a key takeaway…
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