Analyst: Tariff inflation will continue to transmit, and the Federal Reserve is expected to cut interest rates twice this year

According to Jin Ten, Stephen Douglass of NISA Investment Advisors stated that about one-third of the inflation related to tariffs may still gradually transmit to the economy in the coming months. He expects that commodity inflation will fall below zero in the second half of the year, creating room for the Federal Reserve to resume rate cuts later than the market expects, with anticipated cuts in September and December.