Strategist: The Federal Reserve's "re-calibration" of interest rate cuts may have ended, facing uncertainty in the future

Bitget news, Global Macro Strategist Duncan Balsbaugh stated that we expect Federal Reserve Chairman Powell to explain at the press conference after the resolution that the "re-calibration" of interest rate cuts has ended. This means that the practice of automatically lowering interest rates at each meeting to reduce actual interest rate limits has ended. This highlights uncertainty and will lead to more neutral-to-loose modes, depending on specific data. Regarding numerous issues that may arise from Trump's trade deals, as well as topics about tariffs and tax inflation, we believe Powell will reiterate that FOMC will only respond after actual administrative actions or legislation rather than implementing policy actions before any changes occur.