What does skipping the FOMC rate hike in June mean ⁉️

Markets are wait-and-see before the FOMC. Director Jefferson's remarks before the blackout and the WSJ article have already shown skipping interest rate hikes in June, and it is almost certain that interest rate hikes will stop at the FOMC in June. It is thought that the reason interest rate hikes can be stopped, whether by skipping or whatever, is because the Fed has lifted its sense of caution against inflation.

If inflation peaked out at 9.1% in June last year, it's impossible to think of interest rate hikes until any time. Even with regard to core inflation, which markets are concerned about, Chairman Powell stated at the press conference after the FOMC meeting in May that “I do not agree with the idea that wages raise inflation.” He believes that wages simply follow inflation and don't drive inflation. This comment is an assertion that price increases preceded and that distribution is wages; in other words, prices and wages move in the same way, but wages are not the driving force of inflation. Profit is absolute in an American company with effective governance. If prices are replaced with profit, it is clear that price increases (profit expansion) come first, and that distribution is wages. Prices and wages move in the same way, but I don't think it is possible to predict the Fed's judgment unless the causal relationship is clear and it is clearly recognized that price increases will take precedence.