The Fed's New Chapter, Middle East Tensions, and a Senate in Flux

This week on Macrocast, the team breaks down Chair Warsh's first moves at the helm of a divided FOMC and what the June meeting minutes reveal about the growing rift between hawks and doves. Market odds on a rate hike remain low for now but are expected to climb in the months ahead. The episode digs into what's driving that shift.The team covers mixed economic signals, with strong ISM services data colliding against declining manufacturing employment. Also on the agenda: the resumption of US-Iran hostilities after their ceasefire ended, sending oil prices higher, though still holding relatively steady. On Capitol Hill, the episode covers the Senate leadership shakeup amid Senator McConnell's absence and what it means for the SAVE Act and upcoming appropriations decisions.For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners