The Fed will emphasize a wait-and-see stance."
Internet reported that Weisman, chief economist and portfolio manager at MFS Investment Management, said in a report that Federal Reserve Chairman Powell will almost certainly express a wait-and-see attitude at this week's meeting. The chaos in U.S. tariff policy makes future macroeconomic prospects particularly difficult to predict. The Fed will also note that tariff-induced inflation, even if theoretically viewed as temporary, could produce more long-lasting real inflation. As a result, the Fed will be reluctant to relax policy without clear signals that the economy is weakening substantively. In other words, in the absence of actual economic deterioration, the Fed may delay interest rates if necessary.
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