TechFlame News “Federal Reserve's microphone” Nick Timiraos said Powell avoided a sharp question about July (interest rate cut) and refused to rule out any possibility four weeks before the policy meeting. His overall comments showed little that he was preparing to cut interest rates this month. The “excessive” focus on July (at least today) is inappropriate, and it may overshadow the more subtle changes in his and others' remarks in recent weeks. After the Liberation Day tariffs, one speculation suggests that the price increase may be so large that it will require substantial weakness in the labor market to cut interest rates. But recently, with the suspension of tariffs and earlier (maybe too soon?) The inflation reading did not show a meaningful impact. Powell suggested that if inflation were not as bad as feared, interest rate cuts might resume.