Renewed Inflation Concerns Raise Rate Hike Chances & Questions on Fed Communication

"Inflation took a bit of a breather last month" due to tensions between the U.S. and Iran cooling off, says Mark Hamrick, though the reverse is happening in July. He says a strong chance for an interest rate hike is back on the table for 2026 because of the conflict. Mark discusses further on the Fed and confusion around its future communication, calling out concern on Fed Chair Kevin Warsh "holding his cards close to the chest." ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about