In a recent interview, former Atlanta Fed President Dennis Lockhart addressed the current economic climate, particularly focusing on May’s retail sales data. He provided insights about what investors should expect from this week’s Fed policy meeting and the outlook for interest rates moving forward.

Lockhart’s thoughts echo the uncertainty surrounding future monetary policy, suggesting that the possibility of no rate cuts this year is on the table. Investors must remain vigilant as they navigate the implications of these developments on the financial markets.