钢铁巨侠

There is currently a heated debate within the Federal Reserve. Kashkari is still insisting that inflation is not under control and prices remain too high. However, Waller and Bostic's group has already started hinting at rate cuts, saying that the job market is cooling and it’s time to loosen up.
The market can't wait any longer; the probability of a rate cut in September has surged to 98%. The problem is that Trump's tariff stick is still looming, and its impact on prices is no joke. Waller admits that tariffs will drag down the economy, and Bostic has even stated that this issue will make the last mile of fighting inflation particularly difficult.
The most ridiculous thing is that the White House is still pressuring the Federal Reserve. Trump is shouting every day for aggressive rate cuts, putting the Fed in a difficult position. People at the European Central Bank can't stand it anymore and directly warned that attacking the independence of central banks is illegal and threatens democratic institutions. This game is no longer just an economic issue; the political flavor is becoming stronger. Now, every decision made by the Fed feels like walking on a tightrope, as they have to consider data, withstand political pressure, and manage market expectations. The goal of a soft landing seems simple, but in practice, it is as difficult as climbing to the sky. The uncertainty surrounding tariffs is too great; if things go wrong, stagflation might reappear, and the Fed will truly be caught in the fire.