💰 **Federal Reserve Balance Increases by $2.4 Billion in One Week!**

**▪️ Kugler, Federal Reserve Chair:**

- Trade tariffs will lead to inflation growth.

- Labor market is stable, Fed's policy remains restrictive.

- Support maintaining the rate, Fed is in a good position for adaptation.

- Long-term inflation expectations are currently being held.

**▪️ Gulsby, Federal Reserve Chair:**

- Stagflationary effect of tariffs is possible, even if temporary.

- Support a wait-and-see approach to rates amid uncertainty.

- Fed's job is to be a firm hand, not to react to news and volatility.

**▪️ Jefferson, Federal Reserve Chair:**

- Inflation continues to decrease.

- Labor market is stable.

- Tariffs may impact inflation, but the effect depends on supply chain implementation and adaptation.

- Support moderately restrictive rates as an appropriate response.

**▪️ Deily, Federal Reserve Chair:**

- Fed's monetary policy is moderately restrictive.

- Strong growth and labor market, inflation gradually decreasing.

- Uncertainty shock has not yet affected consumer and company behavior.

**▪️ Barr, Federal Reserve Chair:**

- US economy remains stable, inflation is moving towards 2%.

- Trade policy intensifies uncertainty.

- Current disruptions may trigger price increases, especially in supplier bankruptcies.

**▪️ Goldman Sachs:**

- Forecasting 1 rate cut in 2025.

- Probability of recession within 12 months reduced from 45% to 35%.

**▪️ Barclays:**

- Expecting 3 rate cuts of 25 basis points in March, June, and September 2026.

**💥 Market Expectations (****#Fed**** rate):**

- June 18: PAUSE.

- July 30: PAUSE.

- September 17: cut by 25 bps to 4.00-4.25%.

- October 29: PAUSE.

- December 10: cut by 25 bps to 3.75-4.00%.

- January 28, 2026: PAUSE.

- March 18, 2026: cut by 25 bps to 3.50-3.75%.

Yesterday: Jerome Powell's speech