The Federal Reserve is confident it can resume rate cuts in September as long as inflation indicators remain under control
According to ChainCatcher, citing Jinshi News, Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that the message from core inflation is that tariff-induced inflation may be a process rather than a single event. The impact of tariffs will likely confuse the Federal Reserve and economic commentators in the coming months. As long as the breakeven inflation rate and other market-based inflation expectation indicators remain under control, the Fed should have the confidence to resume rate cuts in September.
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