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The Federal Reserve (FED) Williams: The outlook will be clearer after June and July.
On May 19, the president of the New York Federal Reserve, Williams, stated that some signs of cautious consumer sentiment are rising based on the data. The economy may slow down this year. It will take some time to have a good understanding of the economic situation. The Federal Reserve can remain calm in its monetary policy decisions. Tariffs may push up inflation and unemployment rates. The outlook will become clearer after June and July. ( Jin10 )