The Fed’s Word Of The Day: “Uncertainty”
From Yahoo Finance: 2025-06-03 17:05:00
Fed officials reiterated their wait-and-see approach to monitor the impact of Trump’s tariffs on the economy. Uncertainty continues to cloud the Fed’s decision-making process, with concerns about inflation and employment lingering. The Fed’s current strategy of patience and vigilance has so far prevented any drastic policy changes. Financial markets are predicting no rate cuts this summer, with a 70% chance of a cut by September.
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