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Analyst: Current Policy Stalemate at Federal Reserve May Persist
Summary: In breaking news, Alliance Bernstein analyst Eric Winograd stated that the latest inflation data has not reduced the uncertainty caused by tariffs, likely prompting the Federal Reserve to continue its wait-and-see approach. He noted that a slight decrease in the housing price index indicates that the potential downward trend in inflation remains unchanged. However, prices ...
In breaking news, Alliance Bernstein analyst Eric Winograd stated that the latest inflation data has not reduced the uncertainty caused by tariffs, likely prompting the Federal Reserve to continue its wait-and-see approach. He noted that a slight decrease in the housing price index indicates that the potential downward trend in inflation remains unchanged. However, prices of some goods possibly affected by import tariffs have accelerated. Winograd said, 'In fact, if it weren't for tariff-related uncertainty, I believe the Federal Open Market Committee (FOMC) would have had enough confidence in this trend and already started cutting rates.' He also mentioned that the current policy stalemate may persist until the situation becomes clearer.