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Institution: The Federal Reserve (FED) is not in a hurry to ease policy, but may still cut interest rates in September.
Jin10 data June 19 news, Allspring analyst Matthias Scheiber stated that due to the ongoing uncertainty surrounding tariffs and the still strong U.S. labor market, the Federal Reserve (FED) has adopted a generally expected "wait-and-see" attitude regarding interest rates. The multi-asset solutions director said, "From our perspective, the next possible window for the Federal Reserve (FED) to cut interest rates will be in September." Allspring expects that if the inflation rate continues to decline towards the target level of 2.0%, the Federal Reserve (FED) may cut interest rates twice this year.