Senior officials of the Federal Reserve have issued a strong signal that there will be no interest rate cuts before September

Several senior officials of the Federal Reserve, including Vice Chairman Jefferson, New York Fed President Williams, and Atlanta Fed President Bostic, have stated that the current economic outlook is still uncertain and they tend to continue to "wait and see" and will not adjust interest rates at least in June and July. As a result, investors' expectations for a rate cut in June have dropped to less than 10%. Senior officials emphasized the need for more time to assess the impact of multiple factors such as tariffs, consumption, and inflation on the economy. The current stance of the Federal Reserve is becoming cautious and maintaining policy stability in the short term.