BlockBeats News, July 31st, Tom Graff, Chief Investment Officer of Facet Company, stated that the Federal Reserve is clearly in a tricky position. Logically, they expected the new tariffs to bring some level of inflation, and ideally, the Fed would like to wait until inflation peaks before considering a rate cut. However, the pressure is mounting, and even if the White House is not exerting external pressure, the recent weakness in the labor market is enough to make the Fed concerned.In fact, this is likely the reason why Bullard and Bowman voted against keeping rates unchanged and advocated for a rate cut at this meeting. I believe this decision has laid the foundation for the Fed to start cutting rates at the September meeting and may cut rates 1 to 2 more times this year. The challenge is that despite the possibility of rising prices, the Fed still needs to cut rates, which will be extremely challenging in terms of communication. Trump's continued pressure on rates further exacerbates this communication difficulty.At that time, Powell may be seen by the outside world as giving in to Trump's demands. However, if job growth continues to weaken, the possibility of an economic recession will continue to rise, and Powell will also be unable to turn a blind eye to it at that time. (FX678)