Keep pulling the thread on Bloomberg Surveillance.
The Trump administration has signed an interim peace deal with Iran.
Norman Rule of CSIS assesses the recent U.S.-Iran deal as a "high-value pause" in military conflict rather than a durable strategic settlement.
The Trump administration's red lines for Iran remain in place, including preventing Iran from having a pathway to a nuclear weapon.
The Statement of Economic Projections revealed that 9 of the 18 members of the Federal Open Market Committee saw the next interest rate move as a hike later this year.
Ed Yardeni of Yardeni Research described Federal Reserve Chair Kevin Walsh as a "hawk in dove's clothing," noting Walsh's strong commitment to price stability contradicted initial expectations.
Ed Yardeni of Yardeni Research noted that Federal Reserve Chair Kevin Walsh has strongly committed to a 2% inflation target with little ambiguity.
According to analysis by Mike Reed of RBC, Federal Reserve Chair Kevin Walsh mentioned inflation 19 times in a recent communication, compared to only 4 mentions of the labor market.
Ed Yardeni believes the Federal Reserve may adopt a "do-nothing" policy for a while, hoping that falling oil and gasoline prices will reduce headline inflation without requiring intervention.
Ed Yardeni argues that Federal Reserve Chair Kevin Walsh has locked himself into prioritizing price stability, making it difficult to pivot to focusing on a weaker labor market if one emerges.
Deutsche Bank has raised its expectations for a Federal Reserve rate hike this year.
Citigroup has pushed back its forecast for a potential Federal Reserve rate cut.
Bob Michael of JPMorgan has discussed the possibility of the Federal Reserve hiking interest rates two times this year.