🚨LAST🚨
📢The FED MEMBERS do not agree
Will there be interest rate cuts this year⁉️
🗣Bostic: There are still NO signs that tariffs are increasing inflation.
🗣Goolsbee: The last PCE data may have been the last inflation data where the impact of tariffs was not seen.
How do we interpret this⁉️ What could happen from each point of view⁉️
▪️It has been 2 months since the TARIFFS were announced.
▪️Let's remember that CPI inflation, although it is not updated in real-time, has a 2-week lag, and since the tariffs were announced, inflation continues to FALL.
▪️For this reason, Bostic states that there are no signs that tariffs are increasing inflation.
▪️Regarding Goolsbee's statements, it is a position that lends itself to the "wait and see" strategy, which other members —including Powell— support.
📍It is likely that the FED will continue to wait to cut the interest rate. Some members stated they feel comfortable with 1 rate cut for this year.
📍Other members stated that it is possible there will be 2 cuts this year.