Analysts: Fed unlikely to cut rates in near future

Odaily Planet Daily News: Tim Murray, a strategist at T. Rowe Price Group, said that the Federal Reserve will continue to stay on hold until tariff-related uncertainties subside or the labor market deteriorates significantly. Murray does not expect a "Fed put option" in the short term, that is, the Fed cuts interest rates to save the market. Fed policymakers know that lowering interest rates is not a good solution to uncertainty. Given the risk that tariffs will push up inflation, the Fed is also reluctant to cut interest rates. Murray expects the Fed to stick to its data-dependent approach, avoid providing forward guidance, and avoid sending any "political messages." (Jinshi)