PANews March 11 news, institutional analysis pointed out that the Federal Reserve will not lower interest rates at next week's policy meeting, but if the fear of a recession caused by the trade war intensifies and becomes a reality, it may start a series of rapid rate cuts in June. At least in the futures market, more and more contracts are betting that the Federal Reserve will cut interest rates by 25 basis points in June, July and October, a trend that emerged after US President Trump's remarks on the "transition period" last weekend as he imposed tariffs on many countries. US stocks and US Treasury yields also fell on Monday due to concerns that his remarks foreshadowed an impending recession. "Despite the calm on the surface, if the labor or financial markets begin to slide before the Fed has time to assess the impact of tariffs and the entire Trump agenda on inflation, (Fed policymakers) are increasingly concerned about the rising risks of the dual mandate and the ability to resist pressure from US President Trump to cut interest rates," Tim Duy, chief US economist at SGH Macro Advisors, wrote in a note. "A slow-reacting Fed will incur the wrath of the Trump administration."