Analysts: The Fed's interest rate decision is dovish

Odaily News Neil Dutta of Renaissance Macro believes that the Fed's decision looks dovish this time. The Fed believes that tariffs are not conducive to economic growth, unemployment and inflation. However, although the Fed raised its core inflation forecast by 0.3 percentage points, the median interest rate did not change, still indicating that there will be two more rate cuts this year. If the core inflation rate is lower than the current forecast level, there will be room for rate cuts from 2026 to 2025. (Jinshi)