According to BlockBeats, Tim Murray, a strategist at T. Rowe Price, stated that the Federal Reserve is expected to maintain its current policy stance until uncertainties related to tariffs diminish or there is a significant deterioration in the labor market. Murray anticipates that a 'Fed put,' or a rate cut to support the market, is unlikely in the short term. Federal Reserve policymakers recognize that lowering interest rates is not an effective solution to uncertainty. Given the risk of tariffs driving up inflation, the Fed is also reluctant to cut rates. Murray expects the Federal Reserve to adhere to its data-dependent approach, avoiding forward guidance and refraining from sending any 'political messages.'