bivalences
@bivalences
The Fed predicts slower growth and higher inflation but still expects rate cuts this year. Officials are split: 7 see no cuts, 8 back two cuts (matching market expectations), while 2 predict one cut and 2 foresee three. Waller hints at a possible July cut, while Barkin favors patience. Both differ on how Trump's tariffs will impact prices, jobs, and growth.
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