0535 GMT - The Federal Reserve's meeting will provide some ideas of those that favor reacting to energy-related inflation versus those that view it as transitory, Aptus Capital Advisors' John Luke Tyner says in a note. "But ultimately [it] won't make much difference," the head of fixed income says. A tamer April meeting, with no dot plots--Fed policymakers' quarterly forecasts of interest rates--and most likely no action, "does set the stage for fireworks in June where most likely [Kevin] Warsh will chair the meeting. A new dot plot is expected that month, and there will be more time for clarity on the Middle East situation and its implication on the economy and inflation, says Tyner, who is also portfolio manager. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

April 28, 2026 01:35 ET (05:35 GMT)

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