Federal Reserve mouthpiece: If not for the risk posed by tariffs to prices, the Federal Reserve will be ready to cut interest rates this week

Nick Timiraos, "Fed Messenger": There is good reason to think that the Fed would have been prepared to cut interest rates this week if not for the risk to prices posed by tariffs because of the recent improvement in inflation. I think the last five years have changed the way people think about inflation and what might happen.