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consumer spending

New Federal Reserve Chair Kevin Warsh faces his first major policy decision as inflation pressures and economic growth shape expectations for interest rates. (Photo/DepositPhotos)
Jun 2, 2026

Fed expected to hold rates as inflation concerns persist

With inflation elevated and economic growth steady, analysts expect the Federal Reserve to maintain rates and shift toward a tightening bias.

Rising inflation and income inequality continue to weigh on consumer confidence despite steady economic growth. (Photo/DepositPhotos)
Apr 29, 2026

Something is still not right

Consumer confidence remains low despite 2% GDP growth and low unemployment, as inflation and income gaps strain lower-income households.