Institutions: Fed Rate Cuts May Depend on Further Slowing of Inflation in the Second Half of the Year

Odaily News: Seema Shah, Chief Global Strategist at Principal Asset Management, stated that for the Federal Reserve, the current situation is still insufficient to justify a near-term rate cut. The continued strength of the labor market provides policymakers with a reason to keep interest rates unchanged, while further slowing of inflation in the second half of the year, as the impact of tariffs fades, should reopen the door to accommodative policy. (Jin10)