BlockBeats News, May 6, "Fed Mouthpiece" Nick Timiraos stated that President Trump's randomly implemented tariff policies could put the Federal Reserve in a lose-lose situation: either dealing with an economic recession or facing a period of stagflation. How the Federal Reserve will navigate these trade-offs in this week's meeting will be challenging. Powell and other officials are expected to maintain their wait-and-see stance on interest rate cuts and formulate strategies on how to refine that position. This deliberate patience reflects the officials' determination to avoid prematurely abandoning their fight against inflation. Richard Clarida, senior advisor at bond giant Pacific Investment Management Company, stated, "This will not be a cycle where the Federal Reserve preemptively cuts rates because of an anticipated economic slowdown. They actually need to see this in tangible data, especially in the labor market." (Jin Shi)