Schroder Investment Management: Expects the Federal Reserve to keep interest rates unchanged for the rest of the year.

Senior economist George Brown of Schroder Investment expressed that despite the ongoing tariff disputes, the overall labor market in the United States still shows remarkable resilience. Layoffs remain low, as companies are cautious about firing employees due to recent labor shortages. Considering the Trump administration's tough stance on immigration policy, labor shortages in certain industries and states may continue. Since the pandemic, foreign workers have been an important source of employment growth, reducing the number of new jobs needed to stabilize the unemployment rate to below 100,000. At the same time, he mentioned that tariff pressures are expected to push prices higher in the summer. The Federal Reserve is expected to maintain interest rates unchanged for the rest of 2025 to avoid falling behind the situation.