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TechFlow, May 19 — According to Jinshi Data, New York Fed President Williams said there are some signs of rising consumer caution in the data. The economy may slow down this year. It will take some time to gain a good understanding of the economic situation.
The Fed can remain patient in its monetary policy decisions. Tariffs could push up inflation and unemployment. The outlook will become clearer after June and July.
According to Jinshi Data, William Dudley, President of the Federal Reserve Bank of New York, said there are some signs from the data indicating rising consumer caution. The economy may slow down this year. It will take some time to gain a clear understanding of the economic situation. The Fed can remain patient in its monetary policy decisions. Tariffs could push up inflation and unemployment rates. The outlook will become clearer after June and July.
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