According to online reports, Brent Schutte, chief investment officer of Northwestern Mutual, said that the Fed, like the market, still has doubts about the economic outlook and internal differences of opinion are growing. Although dissenting voices themselves will not determine the direction of policy, they reflect broader uncertainty among central banks. A key variable is Trump's latest announcement of a 25% tariff on India. Schutt said the market is currently basically ignoring this latest tariff threat and believes that the White House may turn around if necessary. But he warned that such bets could be risky, especially when companies start passing on tariff costs to consumers. Despite this, real private domestic procurement spending in the United States has slowed significantly before the impact of tariffs is fully apparent. Once companies raise prices, the Fed will quickly fall into the difficult trade-off between "rising inflation and slowing the economy."