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Fed Signals Higher Rates, Markets React Ahead of Payrolls

6/29/2026

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Summary

Story summary

Kansas City Federal Reserve (Fed) president Esther George told Fortune she will not cut rates and expects higher rates ahead.
Fed chair Kevin Warsh will speak Wednesday at a European Central Bank (ECB) event in Portugal.
The United States will release June nonfarm payrolls on Thursday.
S&P 500 futures rose 0.77% as Brent crude fell to $72 per barrel and Bitcoin slipped to $59.8 K.

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Story summary

Kansas City Federal Reserve (Fed) president Esther George told Fortune she will not cut rates and expects higher rates ahead.
Fed chair Kevin Warsh will speak Wednesday at a European Central Bank (ECB) event in Portugal.
The United States will release June nonfarm payrolls on Thursday.
S&P 500 futures rose 0.77% as Brent crude fell to $72 per barrel and Bitcoin slipped to $59.8 K.