Former Federal Reserve 'Eagle King': More concerned about the economy than inflation, the Fed will at least wait and see until the second half of the year

BlockBeats News: On May 14th, former St. Louis Fed President Brad stated in an interview that "the Trump administration was able to reach a trade agreement before causing irreparable damage to the US economy. The 2018-2019 trade war saw a slowdown in the US economy. Slowing economic growth is often associated with a decrease in inflation rates. Therefore, we will not see inflation rates as high as originally expected. We have always opposed inflation claims surrounding tariffs. At present, we cannot say that we are in an economic recession, but the main concern is how the situation will develop in the second quarter, third quarter, and until the end of the year. Regarding interest rate cuts, it seems that the Federal Reserve will at least wait and see until the second half of this year. This largely depends on the specific development of the trade war. (Golden Ten)