0916 GMT - The Fed's hawkish tone from the FOMC statement suggests inflation risks aren't fading even if the Iran conflict ends and energy flows normalize, Syfe's head of investment and advisory Ritesh Ganeriwal says. While a rate hike remains possible this year, the move is far from certain and the bar is high, Ganeriwal says, noting the Fed may find less reason to hike if a U.S.-Iran peace deal holds and oil prices stay lower. The U.S. dollar may also weaken, Syfe adds, pointing to new Fed Chair Kevin Warsh saying he lacks conviction in the committee's own economic forecast. Bonds now offer returns that "genuinely compete with stocks for the first time in years," it says. "Every month on the sidelines is income left on the table," it adds. (jason.chau@wsj.com)
(END) Dow Jones Newswires
June 18, 2026 05:16 ET (09:16 GMT)
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