The slowdown in demand in the United States reduces inflationary pressures, which may affect the Federal Reserve's interest rate cut decisions

ChainCatcher news, according to Jinshi reports, David Kohl, chief economist at Julius Baer, stated that the slowdown in demand may be suppressing inflationary pressures in the United States. Although signs such as rising prices for clothing and electronics indicate that tariffs are pushing up prices, housing costs continued to rise moderately in June, stabilizing the inflation situation. Kohl believes that the full impact of the tariffs raised in August has yet to be seen, and expects that weakened household demand will offset the temporary upward trend in inflation caused by tariffs, which may lead the Federal Reserve to consider resuming interest rate cuts at its September meeting.