"The Fed megaphone": The Fed has no intention of sending any signals of an imminent interest rate cut.

"The Federal Reserve's Listening Post" According to an article by Nick Timiraos, the Federal Reserve made almost no changes to its policy statement, indicating no intention to suggest a possible rate cut. Federal Reserve officials are keeping the benchmark policy interest rate in the range of 4.25% to 4.5%, weighing how importers, retailers, and consumers will shoulder the costs of increased import tariffs. The intense debate about who will bear the burden of tariffs will determine the trends in inflation and employment later this year, and may decide whether the central bank will resume rate cuts in the coming months and when.