Pu Xin Group: The Federal Reserve (FED) will remain inactive before the uncertainty of tariffs dissipates or the labor market deteriorates.

PANews reported on June 10 that Tim Murray, a strategist at Puxin Group, said that the Federal Reserve is unlikely to cut interest rates in the near future. The Fed will remain on the sidelines until tariff-related uncertainty subsides or the labor market deteriorates significantly. Murray noted that Fed policymakers know that cutting interest rates is not the best way to address uncertainty, and the risk that tariffs could push up inflation has made the Fed reluctant to cut rates. He expects the Fed to stick to its data-driven approach and avoid providing forward guidance or sending any message that could be interpreted as politicized.