Analyst: The Federal Reserve may not concede to the economic slowdown caused by tariffs.

On March 20, Jin Shi Data reported that Brian Jacobsen, chief economist at Annex Wealth Management, stated that the reduction of the balance sheet was somewhat unexpected. According to the latest forecasts, the impact of tariffs is expected to last for several years, but the Federal Reserve may not yield. Unlike in 2019, when the Federal Reserve ultimately decided to cut interest rates in response to the economic slowdown caused by tariffs, this time the Federal Reserve plans to hold firm.

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