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A different kind of Fed pivot?

 Now that the debt ceiling drama is over, investors’ eyes are turning toward the Fed and the trajectory of monetary policy. The current Fed tightening cycle is one of the most aggressive in memory. After a series of staccato rate hikes, the Fed hinted that it was ready to pause. However, the recent stronger-than-expected April PCE may have changed the narrative from a pause to another rate hike.
 
 
Will the Fed pause its rate hikes, skip a hike but continue later, or just raise rates at the June FOMC meeting?
 The full post can be found here.
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