Federal Reserve Prefers Patience with Interest Rate Changes

Federal Reserve officials are signaling a cautious approach to policy rate adjustments. As reported by PANews, economist Schmid advocated for maintaining a measured pace of changes in interest rates. While recognizing the current policy has some tightening effects, Schmid emphasized it is not overly restrictive. Furthermore, Schmid asserted that he anticipates no significant impact from tariffs on price movements in the coming months.