Viewpoint: The Federal Reserve is in a dilemma, and interest rate cuts may need to wait until the end of the third quarter.

According to a report by Jinshi Data, Seema Shah, Chief Global Strategist at Principal Asset Management, stated that the Federal Reserve is in a bind, and its dual mandate may be at odds. Trump's tough stance on tariffs has exacerbated the Fed's awkward situation.

In this case, the Federal Reserve can only choose to stand by. Interest rate cuts are necessary, but the Fed may need to wait until the end of the third quarter for the window of opportunity to open.