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Analyst: Tariff-driven inflation will continue to pass through, and the Federal Reserve is expected to cut interest rates twice this year
GateNewsBot
ChainCatcher reports that, according to Jinjishi, Stephen Douglass of NISA Investment Advisors stated that about one-third of the inflation related to tariffs may still gradually transmit to the economy over the coming months. He expects commodity inflation to fall below zero in the second half of the year, creating room for the Federal Reserve to resume rate cuts later than market expectations, with rate cuts expected in September and December.
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