Institution: The Federal Reserve is not in a hurry to ease policies, but may still cut interest rates in September

ChainCatcher news, Allspring's analyst Matthias Scheiber stated that due to the ongoing uncertainty surrounding tariffs and the still strong U.S. labor market, the Federal Reserve has adopted a widely expected "wait-and-see" attitude regarding interest rates.

The multi-asset solutions head said, "From our perspective, the next possible window for the Federal Reserve to cut rates will be in September." Allspring anticipates that if inflation continues to decline towards the 2.0% target level, the Federal Reserve may cut rates twice this year.