According to ChainCatcher, MainSky Asset Management Chairman Eckhard Schulte stated that U.S. interest rates remain restrictive, and the Federal Reserve should lower interest rates as soon as possible. He believes that tariffs could lead to a one-time inflation impact.
Schulte pointed out that the Federal Reserve may not lower interest rates in June, but this poses a risk that its overreaction could lead to lagging behind the curve. This policy error is the highest risk of a recession in the U.S. Currently, the money market is pricing in a 25 basis point rate cut by the Federal Reserve in September.