Analyst: The Federal Reserve is unlikely to cut interest rates in the near future

According to BlockBeats, on June 10th, Tim Murray, a strategist at Prudential Group, stated that the Federal Reserve will continue to hold its ground until tariff related uncertainty subsides or there is a significant deterioration in the labor market. Murray expects that there will not be a "Federal Reserve put option" in the short term, which means the Fed will cut interest rates to rescue the market. Federal Reserve policy makers know that lowering interest rates is not a good solution to uncertainty. Considering the risk that tariffs will push up inflation, the Federal Reserve is also unwilling to cut interest rates. Murray expects the Federal Reserve to adhere to its reliance on data, avoid providing forward guidance, and refrain from issuing any 'political messages'. (Golden Ten)