0546 GMT - The focus at the Federal Reserve's upcoming meeting will be on Chairman Kevin Warsh's first press conference, and how he will juggle the demands of President Trump and the demands of the bond market, Amundi Investment Institute's Alessia Berardi says in a note. As for the interest rates, "no one expects to change," the head of global macroeconomics says. "Inflation is increasing and the economy remains resilient, in particular, the labour market is not cooling down," she says. The nascent U.S.-Iran deal may make this juggling easier, for now, she says. Warsh is expected to receive questions about the balance sheet at the press conference, "though there will not be any clear answers," Berardi says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
June 16, 2026 01:46 ET (05:46 GMT)
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