Analysts: The Federal Reserve may not give in to the economic slowdown caused by tariffs

Brian Jacobsen, chief economist at Annex Wealth Management, said the scale reduction was a bit of a surprise. According to the latest projections, the impact of tariffs is expected to last for several years, but the Federal Reserve may not budge. Unlike in 2019, when the Fed finally decided to cut interest rates in response to a tariff-induced slowdown, this time the Fed plans to stay the course.