Investors and economists are questioning when and how much Fed policymakers will manage to cut rates and some are increasingly dubious that Fed officials will manage to lower them at all this year.
Inflation's stickiness has prompted Fed officials to signal that it may take longer to reduce interest rates than they had previously expected.
Some analysts are even beginning to question whether the Fed's next move might be to raise rates, which would be a huge reversal after months in which Wall Street overwhelmingly expected the Fed's next step to be a cut.
[
add
]
[
|
|
...
]