<div id="readability-page-1">First meeting test: Kevin Warsh’s debut as Fed chair comes with inflation at multi-year highs and strong job growth, limiting scope for rate cuts. Market signals tighten: Rising Treasury yields and robust labor data have reinforced expectations that rates will stay put or rise later this year. Political pressure mounts: President Trump continues to push for cuts to boost growth, but analysts see little chance of easing amid persistent price pressures.</div>

<p>Kevin Warsh faces his first Fed meeting amid multi-year high inflation and strong job growth, limiting rate cut prospects. Rising Treasury yields and robust labor data reinforce expectations that rates will remain steady or rise. Despite President Trump's pressure for cuts to boost growth, analysts see little chance of easing due to persistent price pressures.</p>

Warsh set for first Fed meeting as rate cut hopes fade