Jason Pride: The Fed’s constraint on rate cuts remains inflation, not employment.
TechFlame
2026-06-05 14:18
TechFlame2026-06-05 14:18
English
TechFlame News, according to Jinshi reports, Jason Pride, Director of Investment Strategy and Research at Glenmede, stated that the Fed's approach has not changed, and the constraint on rate cuts remains inflation rather than employment. Although the labor market is not accelerating, its resilience is higher than what the unrevised data suggests, which reduces the urgency for the Fed to act on employment. Investors should expect the Fed to keep interest rates unchanged at its next meeting and should focus on whether energy relief measures after a ceasefire will begin to lower overall inflation.