According to ChainCatcher, MainSky Asset Management Chairman Eckhard Schulte stated that U.S. interest rates remain restrictive, and the Federal Reserve should lower rates as soon as possible. He believes tariffs could lead to a one-time inflation impact.

Schulte pointed out that the Federal Reserve may not lower rates in June, but this carries the risk that its overreaction could lead to falling behind the curve. This policy mistake 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.