• It's going to take a while before we get clarity on tariff impact.
  • Suppliers are emboldened, say they will have to pass on higher prices.
  • Consumers say they are tired of paying higher prices.
  • Not convinced higher prices will be passed on, or that there won't be inflation.
  • To cut rates unique confidence on inflation.
  • Higher the inflation numbers, the less likely you'll see that.
  • 1970s stagflation was characterized by out of whack inflation expectations. Not seeing that now.
  • Data right now is okay there is a risk on the employment side..
  • This is not a time for me to say how many rate cuts I have penciled in for this year.
  • I am nervous about inflation and about employment.
  • I'm in no hurry on rate cuts.
  • Let's wait and see how it plays out, as Fed chair says.
  • Balance sheet runoff could be slower, for longer.
Source: Forex Live