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Analyst: Powell will reiterate that he is not in a hurry to cut interest rates and emphasize the independence of the Federal Reserve
2025-05-07 11:46

Odaily News Aptus Capital Advisors analyst John Luke Tyner said that Federal Reserve Chairman Powell is expected to continue to maintain his previous tone. He may emphasize that policymakers need to see more data and are not in a hurry to cut interest rates. Tyner said that given that inflation is still above target and the economy looks good, Powell will not be "too proactive in future rate cuts." Tyner is eager to hear comments about tariffs, especially their potential impact on prices. He said that after the Trump administration's recent remarks, Powell may emphasize the independence of the Federal Reserve. (Jinshi)