According to Golden Finance, Barclays economists say the Fed's interest rate path looks uncertain and the Fed may reduce or not cut interest rates this year if there is evidence that inflation expectations are becoming unstable. They wrote in a report that the Federal Open Market Committee may be reluctant to cut interest rates significantly under pressure. But they said that if the labor market weakens more significantly and tariffs have a weaker transmission effect on inflation, it could also bring greater cuts. Barclays still expects the Fed to cut interest rates by 25 basis points in June and September this year. The agency expects another 25 basis points to cut interest rates next June and September, depending on the FOMC seeing a sharp slowdown in monthly inflation amid weakening tariff-related pressures. (Jin Shi)