Federal Reserve's Decision Appears Dovish Amid Economic Concerns

According to Odaily, Neil Dutta from Renaissance Macro suggests that the Federal Reserve's recent decision seems dovish. The Fed has expressed concerns that tariffs could negatively impact economic growth, unemployment, and inflation. Despite raising the core inflation forecast by 0.3 percentage points, the median interest rate remains unchanged, indicating two more rate cuts within the year. If the core inflation rate falls below the current forecast, there may be room for rate cuts from 2026 to 2025.