Deep Tide TechFlow News, on July 9th, according to Jinshi Data reports, the latest dot plot shows a significant divide within the Federal Reserve. Some policymakers expect two rate cuts this year, while others predict there will be no cuts at all. Morgan Stanley analysts stated that they will look for clues that led to this divergence. More hawkish committee members may indicate that they are waiting for unemployment to rise, or they need more time to assess the impact of tariffs and other fiscal policies on inflation. Powell has previously stated that he expects the inflation effects of tariffs to become evident this summer, and hinted that the only barrier between the Fed and easing policies is the uncertainty of these price pressures. If the meeting minutes show some agreement with this view, it could signal a shift towards a more proactive stance by the Federal Reserve.