[Golden Finance] According to reports, Collins of The Federal Reserve (FED) stated that it is appropriate to expect a drop in interest rates later this year, but it largely depends on tariffs. Tariffs may push up inflation, drop growth and employment. More impacts from tariffs are expected to be seen in the coming months.
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The Federal Reserve (FED) Collins: It is appropriate to cut interest rates later this year. The impact of tariffs needs to be closely followed.
[Golden Finance] According to reports, Collins of The Federal Reserve (FED) stated that it is appropriate to expect a drop in interest rates later this year, but it largely depends on tariffs. Tariffs may push up inflation, drop growth and employment. More impacts from tariffs are expected to be seen in the coming months.