Fed faces wave of data before deciding on end-of-summer rate cut

Where the process ends up is uncertain. Shifts in supply and investment patterns during the COVID-19 era, new geopolitical tensions, even the risk of tariff wars instigated by a potential second Trump administration could make the Fed’s exit from high interest rates as challenging as its fight against inflation. Where the process ends up is uncertain. Shifts in supply and investment patterns during the COVID-19 era, new geopolitical tensions, even the risk of tariff wars instigated by a potential second Trump administration could make the Fed’s exit from high interest rates as challenging as its fight against inflation.  Economic Times