PANews reported on May 20 that several senior Fed officials, including Vice Chairman Jefferson, New York Fed President Williams, and Atlanta Fed President Bostic, all said that the current economic outlook is still unclear and they tend to continue to "wait and see" and will not adjust interest rates at least in June and July. As a result, investors' expectations for a rate cut in June have dropped to less than 10%. Senior officials stressed that more time is needed to assess the impact of multiple factors such as tariffs, consumption and inflation on the economy. The Fed's current stance tends to be cautious and will maintain policy stability in the short term.
Senior Fed officials send strong signals: it is difficult to cut interest rates before September
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