Core Viewpoint - The Federal Reserve, represented by Goolsbee, indicates that it needs to wait for clearer economic signals before taking further action, suggesting that the threshold for action is currently high [1] Group 1 - The potential impact of tariffs on the economy could lead to stagflation, which would represent the worst-case scenario for the Federal Reserve [1]

Core Viewpoint - The Federal Reserve's Harker stated that inflation expectations remain at a relatively stable level, and any changes could signal the need for action from the Federal Reserve [1] Summary by Relevant Categories Inflation Expectations - Inflation expectations are currently stable, which is a positive indicator for economic stability [1] Federal Reserve Actions - Any significant changes in inflation expectations may prompt the Federal Reserve to take necessary actions to address potential economic shifts [1]

Core Viewpoint - The Federal Reserve, represented by Harker, indicates that it will take action when the economy shows clear signs of direction [1] Group 1 - The Federal Reserve is closely monitoring economic indicators to determine the appropriate timing for policy adjustments [1] - Harker emphasizes the importance of clear economic signals before implementing any changes to monetary policy [1] - The Fed's approach suggests a cautious stance, prioritizing data-driven decisions in response to economic conditions [1]