Trump’s tariff hikes are fueling internal debate at the Federal Reserve over whether to delay or advance interest rate cuts, as policymakers weigh the inflationary impact against slowing growth.
A rate cut isn’t expected at the upcoming meeting, but Powell has outlined conditions under which cuts could come by the end of summer—without waiting for dramatic economic deterioration.
In such an environment, Fed officials would likely need clearer signs of economic cooling to be confident that any inflation spike would be temporary.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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