John Luke Tyner, an analyst at Aptus Capital Advisors, said that it is expected that Federal Reserve Chairman Powell will continue to maintain the previous tone. He may emphasize that policymakers need to see more data and are not in a hurry to cut interest rates. Tyner said that since inflation is still above target and the economy looks good, Powell will not be “too aggressive in cutting interest rates in the future.” Tyner is eager to hear comments about tariffs, particularly their potential impact on prices. He said Powell may emphasize the independence of the Federal Reserve after various recent remarks made by the Trump administration.

Zhitongcaijing · 05/07 11:49
John Luke Tyner, an analyst at Aptus Capital Advisors, said that it is expected that Federal Reserve Chairman Powell will continue to maintain the previous tone. He may emphasize that policymakers need to see more data and are not in a hurry to cut interest rates. Tyner said that since inflation is still above target and the economy looks good, Powell will not be “too aggressive in cutting interest rates in the future.” Tyner is eager to hear comments about tariffs, particularly their potential impact on prices. He said Powell may emphasize the independence of the Federal Reserve after various recent remarks made by the Trump administration.