Federal Reserve Signals Measured Pause as Inflation Data Shows Persistent Stickiness in Services Sector

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Fed Chair Jerome Powell indicated policymakers remain data-dependent, with futures markets now pricing in fewer than two rate cuts through the end of 2026.

Margaret Holloway

Senior Economics Correspondent

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MarketsJune 1, 2026 · 7 min

Equity Markets Digest Fed Minutes: Volatility Spikes as Rate-Cut Timeline Pushed to Q4 2026

The S&P 500 whipsawed in afternoon trading after the Fed release showed policymakers unanimous in their caution, erasing earlier gains from strong earnings beats.

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PCE Inflation Holds at 2.7% — Fed's Preferred Gauge Remains Above Target

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Small-Cap Revival: Russell 2000 Posts Best Month Since 2023 on Rate Sensitivity

James Okafor·6 min

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Policy

Congress Passes Debt Ceiling Extension, Averting Default Through March 2027

Sarah Whitfield·4 min

Deep Reads

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Analysis· 9 min

Why the Yield Curve's Partial Un-Inversion Signals a Different Recession Risk This Cycle

Marcus Thornton · May 28, 2026

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Markets· 4 min

Oil Prices Slide 3% as OPEC+ Output Compliance Falters Ahead of June Meeting

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