Fed Rate Cut Timing Uncertain Amidst Trump Policy Impact

The Federal Reserve may soon resume interest rate cuts after a period of pausing. However, the timing of these cuts is uncertain due to the unpredictable nature of inflation and the labor market, which are significantly influenced by President Trump's economic policies, particularly his tariffs. Federal Reserve Chair Jerome Powell highlighted this uncertainty. Notably, two Federal Reserve officials dissented in favor of a rate cut, marking the first time two high-ranking policymakers have disagreed on monetary policy since 1993.