Analyst: Still expects the Federal Reserve may only cut rates once this year

According to a report by Jinse Finance, analyst Isabelle stated that since the pressure is unlikely to have a significant impact on the economy, her baseline view remains that the resilience of the labor market, along with ongoing price pressures triggered by tariffs, will keep the Federal Reserve on hold for now. She still expects the Fed may only cut rates by 25 basis points this year, possibly at the December meeting.