Federal Reserve Gulsby: If tariffs do not lead to high inflation, interest rate cuts will resume

BlockBeats News: On June 24th, Federal Reserve's Gulsby stated that there has been a lack of significant inflationary pressure since Trump imposed tariffs on April 2nd, which may allow the Fed to cut interest rates again. He recalled that the Federal Reserve expected to lower interest rates at the beginning of the year and suspended the rate cuts, mainly due to policy uncertainty. Gulsby said, "If we hadn't seen the inflation caused by these tariff increases, then in my opinion, we had never left the golden road I called before April 2nd." He compared tariffs to "throwing a lot of dust into the air, so it's hard to see if you're still on the road. If there is no dust in the air, then I think we should continue with (interest rate cuts). "(Jin Shi)