Fed Projects One Rate Cut This Year Despite Mild Inflation Report

P.M. Edition for June 12. Federal Reserve officials indicated most are in no hurry to lower rates, even after a report showed inflation eased last month. Spencer Jakab, global editor of Heard on the Street, has more. And investigative reporter Joe Palazzolo discusses how several female employees at SpaceX say its founder Elon Musk showed them an unusual amount of attention or pursued them. Plus, U.S. travelers can now renew their passports online. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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