The current economic environment and war-driven inflation pressures make federal rate hikes a possible, though not certain, outcome later this year.

“I don't think that is the most likely outcome but it is now on the agenda I would say because of the inflation pressure in the rise in inflation expectations. A lot will depend on the labor market. I would say no change in policy for the rest of this year barring a big surprise and maybe we are buil”

Home Depot is entering a challenging quarter characterized by cost-cutting measures, which will likely be reflected in their upcoming earnings.

“And so it really seems like Home Depot is really bracing for a challenging quarter that's probably going to be reflected in the earnings results that we're going to be seeing.”