The Federal Reserve's interest rate cuts may depend on inflation slowing in the second half of the year

According to Jin Shi reports, Seema Shah, Chief Global Strategist at Principal Asset Management, stated that the current situation is still not sufficient to justify a recent rate cut. The continued strength of the labor market provides policymakers with a reason to keep interest rates unchanged, and further easing of inflation in the second half of the year may reopen the door to accommodative policies.