Analyst: The Fed does not rule out the possibility of resuming interest rate hikes

Odaily Planet Daily News Regan Capital analyst Skyler Weinand said that a stronger-than-expected CPI report in January may prompt the Federal Reserve to press the pause button on interest rate cuts for the rest of the year. He said, "The Fed can only wait and see for now, hoping that economic indicators will change, indicating more progress in inflation." "If consumer prices or inflation expectations rise further, the Fed's next move is likely to be to raise short-term interest rates." Weinand also said that the "extreme uncertainty" surrounding US President Trump's fiscal policy and how it will affect consumer prices is causing "extreme anxiety" to the Federal Reserve and making it more difficult for policymakers to cut interest rates in the short term. (Jinshi)