Analyst: Tariff-driven inflation will continue to spread, and the Federal Reserve is expected to cut rates twice this year
According to Golden Ten Data, Stephen Douglass from NISA Investment Advisors stated that about one-third of the inflationary pressure related to tariffs may still gradually transmit to the economy in the coming months. He expects that commodity inflation will fall below zero in the second half of the year, creating room for the Federal Reserve to resume rate cuts later than the market expects, with anticipated rate cuts in both September and December.
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