Odaily News reports that Casey Bostic, an observer of the Federal Reserve and chief economist at the UK mortgage company Nationwide, has warned people to be cautious about betting on the Federal Reserve's rate cuts. She believes that investors are too eager to digest the impact of rate cuts, and as concerns about a sharp economic slowdown intensify, they generally expect the Federal Reserve's "Fed put" to cushion economic activity. Even if it is assumed that economic activity does not decline sharply, persistent high inflation and inflationary pressures from tariffs may cause the Federal Reserve to remain on hold for longer than the market expects. (Gold Ten)