The U.S. Federal Reserve is still leaning towards further rate cuts this year although uncertainty about the impact of new tariff, immigration, regulatory and other Trump administration initiatives will need to be better understood,

The only reason for the Federal Reserve to hike rates would be if the economy was overheating and there are no signs of that in the data, Richmond Fed President Tom Barkin said Wednesday. “I see inflation coming down,

Federal Reserve Bank of Richmond President Tom Barkin is keeping the door open for interest-rate cuts this year, even as economic uncertainties loom large. Speaking to Bloomberg TV, Barkin specifically pointed to uncertainty over how the latest measures taken by the Trump administration will play out,