U.S. Federal Reserve policymakers indicated that interest rates will remain unchanged, waiting for clearer signs of inflation approaching the central bank's target of 2%, or even witnessing signs of deterioration in the labor market.
So far, the data has not presented either of these scenarios to the Federal Reserve, and although economists say that the real consequences of the tariffs imposed by President Donald Trump on imports are still ongoing, there is significant uncertainty regarding the fate of these policies and their impact on prices, jobs, and timing.
