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2026-04-09 02:03:05
[Fed Rate Cut Expected, But Tightening Risk Remains] Robert Tipp of Prudential Securities stated that the Federal Reserve may cut rates twice this year, but persistent inflation could undermine this prospect. Kevin Warsh, President Trump's nominee for Fed Chair, still needs Senate confirmation. He appears to favor rate cuts, but with inflation above target, his colleagues may be cautious about easing policy. "The most likely forecast is that we will see several rate cuts, but I think we must remain open-minded because this won't be the first time a new Fed chair who should be cutting rates ends up holding back."
