Analyst: Still expects the Federal Reserve to cut interest rates once before the end of the year.

Analyst Isabelle stated that, as pressure is unlikely to have a significant impact on the economy, my basic view remains that the elasticity of the labor market, as well as the price pressure caused by tariffs, continue to appear, causing the Fed to temporarily remain on the sidelines. I still expect the Fed to possibly only cut interest rates by 25 basis points this year, or at the meeting in December.