Fed still expected to cut interest rates in 2025 despite trade war — but not until later in year
1. Federal Reserve may cut rates in September and December due to tariffs. 2. Economists see higher inflation and unemployment risks from current trade policies. 3. S&P 500 has dropped 10% from its record high, impacting market value. 4. Uncertainty over tariffs complicates Fed's monetary policy outlook. 5. Wall Street fears economic slowdown amidst rising tariffs and inflation.