The contrarian view for Fed rate cuts: Payrolls will weaken, inflation will plunge, and Kevin Warsh was ‘largely performative’ in his hawkishness

The article discusses a divided outlook on Federal Reserve rate decisions, with Wall Street expecting hikes but contrarians like Andrew Hollenhorst predicting cuts due to weakening economic indicators. Key factors include shifting oil markets, revised GDP data, and a cooling labor market, while Kevin Warsh’s recent hawkish remarks contrast with Hollenhorst’s dovish stance.