🚨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 in which 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 the CPI inflation, although not updated in real-time, has a 2-week delay, 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 stance that gives rise to the "wait and see" strategy, which other members —including Powell— support.
📍The FED is likely to continue waiting to cut the interest rate. Some members stated they felt comfortable with 1 rate cut for this year.
📍Other members stated that it is possible there may be 2 cuts this year.