Federal Reserve
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From rate cuts to a rate hike: what May’s jobs report and Warsh’s first FOMC mean for US savers, borrowers and retirees
Read more: From rate cuts to a rate hike: what May’s jobs report and Warsh’s first FOMC mean for US savers, borrowers and retireesMay’s +172,000 jobs report flipped the market from pricing Federal Reserve rate cuts to pricing a hike. Here is what Kevin Warsh’s first FOMC meeting on 16-17 June means for US savers, borrowers, and retirees, and why the Fed’s balance sheet matters as much as the rate.
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Same month, opposite direction: UK inflation fell to 2.8% while US inflation hit 3.8% in April 2026
Read more: Same month, opposite direction: UK inflation fell to 2.8% while US inflation hit 3.8% in April 2026UK inflation fell to 2.8% in April 2026 while US inflation hit 3.8% the same month, opposite directions and opposite policy implications. We unpack the divergence, the Bank of England’s 18 June decision, the Federal Reserve’s 16-17 June outlook, and what it means for mortgages, savings and pension drawdown on both sides of the Atlantic.
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