Xiao Mo: Is 2% inflation within reach but still out of reach? The Fed cutting interest rates is also "waiting for signals"

Wisdom Financial APP learned that on June 12, J.P. Morgan released the "U.S.: 2025 Mid-term Economic Outlook", predicting that trade tensions will lead to below-trend economic growth in the second half of the year. The three main core predictions are: 1. Consumer income growth should help the economy avoid a recession; 2. Inflation cooling trend will pick up in the summer of this year; 3. The Federal Reserve is expected to remain patient and not cut interest rates again until December.