#Gate & WLFI USD1 Points Program#

Baumann from the Federal Reserve: prefers three cuts this year.
The demand for housing seems to be the weakest since the financial crisis, and it is appropriate to reassess the state of rising inflation, as recent labor market data has strengthened my expectations for three interest rate cuts over the year, increased inflation risks, and I have greater confidence that tariffs will not lead to long-term inflation.
The core PCE inflation rate is believed to be closer to the target of 2% than the data suggests, and a delay in actions could exacerbate the labor market, indicating that a larger rate cut may be necessary. Additionally, accommodative policies, tax cuts, and a favorable business environment may offset the impact of tariffs on economic activity and prices. Given the significant decline in labor demand, wage growth may slow sharply.