Seema Shah, chief global strategist at Principal Asset Management, said the Fed has fallen into an almost desperate situation and its dual mission-full employment and price stabilization-may run counter to each other, according to online reports. However, unbelievably uncertain U.S. government policies will determine the timing and magnitude of these changes. Trump's tough stance on tariffs has further exacerbated the Fed's embarrassing situation. In this case, the Fed can only choose to stand by. Interest rates are necessary, but the Fed increasingly seems to need to wait until the end of the third quarter before the window of opportunity opens.