NewsMarkets raise chances for a Fed rate hike following hot inflation report Posted on May 12, 2026 by budd87309@gmail.com Market pricing took virtually any chance of a cut off the table between now and the end of 2027. budd87309@gmail.com Senate confirms Kevin Warsh as Fed governor, clears way for chair vote It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas