Forget Rate Cuts? Why Businesses Need to Prepare for Higher Rates | Fed Watch

This week on Fed Watch, ITR Economist and Speaker Lauren Saidel-Baker breaks down the latest GDP revision, persistent inflation pressures, and why expectations for future Fed policy may be shifting in a surprising direction. Many business leaders are waiting for lower interest rates before making major investment decisions. But what if that wait no longer makes sense? Lauren explores what the latest economic data is signaling, why inflation remains stubbornly elevated, and how changing market expectations could impact capital spending decisions heading into the second half of the year. Could the next Fed move be a rate hike instead of a rate cut? Share your thoughts and questions in the comments below.