TechFlow news, May 7 — According to Jinshi Data, Aptus Capital Advisors analyst John Luke Tuner said the Fed Chair Powell is expected to maintain his previous tone, possibly emphasizing that policymakers need to see more data and are not in a hurry to cut rates. Tuner noted that given inflation remains above target and the economy appears reasonably strong, Powell will not be "overly proactive on future rate cuts." Tuner is eager to hear comments on tariffs, particularly their potential impact on prices. He said that after various statements from the Trump administration recently, Powell might emphasize the Fed's independence.
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