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Russell Investments: The Federal Reserve (FED) may maintain the Intrerest Rate unchanged throughout the summer.
Jin10 data reported on June 16 that Paul Eitelman, an analyst at Russell Investments, pointed out in a report that given the impact of tariffs and geopolitical risks, the Federal Reserve may keep interest rates unchanged throughout the summer. The global chief investment strategist stated, "Fed Chairman Powell may remain vigilant against the risks posed by tariffs and emerging conflicts in the Middle East." He noted that the Federal Reserve believes tariffs pose a downside risk to the economy, but this weakness has not yet appeared in the data, while inflation remains stable. Eitelman stated, "We expect one, possibly two rate cuts before the end of this year."