- We have time to tread slowly and carefully on policy
- Fed policy is in a very good place
- Don’t have complete clarity on tariffs
- Important to stay steady and think about the net effect of administration’s slate of changes
- A little concerned inflation may pick back up form tariffs
- Businesses are optimistic about growth
- CEOs feel uncertain
The market is pricing in a 54% chance of a rate cut on May 7, so we’re headed for a reckoning here.
This article was written by Adam Button at www.forexlive.com.