Analysts: The Fed's current policy deadlock is likely to continue

Planet Daily News: Alliance Bernstein analyst Eric Winograd stated that the latest inflation data has not reduced the uncertainty brought by tariffs and will likely cause the Federal Reserve to continue observing. He noted that the slight decline in housing price index still indicates a potential trend of lowering inflation. However, prices of some goods that might be affected by import tariffs have accelerated. Winograd said: "In fact, if it were not for the tariff-related uncertainty, I believe the Federal Open Market Committee (FOMC) would have enough confidence in this trend and would have started cutting interest rates." He also mentioned that the current policy deadlock might continue until the situation becomes clearer. (Jintian)