Fed’s Kashkari: Trade policy creates uncertainty for any decision before September

May 26, 2025
-FXnews

Not sure if the picture will be “clear enough by September”
Have to see what the data says, and also how trade negotiations progress
If US can strike trade deals in the coming months, that should “provide a lot of clarity”
Immigration policy is also causing businesses to rethink investment plans

In other words, he’s just saying that Trump’s policies are the biggest risk factor that the Fed is considering right now

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