Stephanie Roth of Wolfe Research believes Fed Chair Kevin Warsh's first meeting demonstrated the independence of the Federal Reserve from political pressure.

Stephanie Roth of Wolfe Research believes the odds of a near-term Federal Reserve rate hike have risen following the latest FOMC meeting.

Stephanie Roth of Wolfe Research believes the odds of a near-term rate hike have risen following the latest FOMC meeting.

Stephanie Roth of Wolf Research believes the probability of Federal Reserve interest rate cuts later this year should decrease following the divided FOMC vote.

Stephanie Roth of Wolf Research believes the significant dissent in the FOMC decision reduces the probability of interest rate cuts later this year.

Stephanie Roth believes Kevin Warsh remains hawkish by nature, noting his opening remarks focused more on inflation than on the employment side of the Fed's mandate.

Stephanie Roth of Wolfe Research wrote that Fed chair nominee Kevin Warsh struck a more hawkish tone than anticipated in his confirmation hearing.

Stephanie Roth reports that nine FOMC members are in favor of a rate hike, a number substantially higher than the market expectation of three to six members.

Nine members of the Federal Open Market Committee are in favor of a rate hike, a number substantially higher than the pre-meeting expectation of three to six members.

Nine members of the FOMC are in favor of a rate hike, a number substantially higher than the three to six members that were expected before the meeting.

Nine members of the FOMC are now in favor of an interest rate hike, a number substantially higher than the market expectation of three to six members.

Wolfe Research's base case predicts that inflation will cool and the labor market will soften enough in the coming weeks to prevent a Federal Reserve rate hike.

Nine members of the Federal Open Market Committee indicated a desire for a rate hike, a number substantially higher than the market expectation of three to six members.

Productivity gains, rather than labor market growth, have been a key driver of recent US economic growth.

Wolf Research forecasts US GDP growth to be 2.3%.

The US economy is primarily being driven by spending from middle- to upper-income consumers.