Fed Holds Back on Rate Cuts Amidst Global Economic Uncertainty

The Federal Reserve is hesitant to lower interest rates prematurely, particularly in light of mounting global economic uncertainty spurred by tariffs. Concerns about a potential recession due to these tariffs have prevented the Fed from making adjustments for an extended period. As the Fed navigates this complex landscape, it seeks to strategically hold off on rate cuts while mitigating the impact of tariffs. This cautious approach is necessary despite pressure from President Trump.