Tariffs complicate Fed's interpretation of economic data, making any forecasts difficult

Odaily Planet Daily News: Natixis chief portfolio strategist Janasiewicz said in a report that the Fed's situation is quite complicated. Interpreting economic data will be challenging because the impact of tariffs, immigration and government layoffs will distort the underlying trend. Making any type of forecast may be wrong because the differences in these factors can produce huge results. Some people advocate preemptive rate cuts, and waiting for the data to be released may mean that the Fed is already behind the situation. But the Fed's policy decision on Wednesday is not expected to cut interest rates, but the possibility of a rate cut at a subsequent meeting is increasing. (Jinshi)