<div id="readability-page-1">Data shifts rate debate: Stronger-than-expected job growth and a 3-year high in inflation have made immediate rate cuts unlikely, complicating Trump's push for looser policy. Fed meeting looms: Warsh's first policy meeting on June 16–17 could set the tone for the rest of 2026, with markets watching his language for rate clues. Policy tools in flux: Warsh may scrap the Fed's 'dot plot' and shift to a new inflation gauge, moves that could increase market volatility and reshape policy communication.</div>

<p>随着通货膨胀达到三年来的最高点，且就业增长超出预期，立即降息的可能性不大，这使得在沃什于 6 月 16 日至 17 日首次召开美联储会议之前的政策决策变得复杂。市场预计在沟通工具方面可能会出现变化，例如取消 “点阵图” 或采用新的通胀指标，这可能会增加市场波动性，并重塑 2026 年的货币政策指引</p>

由于通货膨胀达到三年来的最高点，沃什面临利率决策的困境