Odaily News "The Fed is in a rather complicated situation," said Janasiewicz, chief portfolio strategist at Natixis, in a note. "Interpreting economic data will be challenging because the impact of tariffs, immigration and government layoffs will distort underlying trends. Making any type of forecast could be wrong because differences in these factors can have huge consequences. Some have advocated preemptive rate cuts, and waiting for data to be released could mean the Fed is already behind the curve. But the Fed is not expected to cut rates at its policy decision on Wednesday, but the likelihood of a rate cut at a subsequent meeting is increasing." (Jinshi)