"The Fed's mouthpiece": Regardless of whether there's a ceasefire or not, hopes for a Fed rate cut have already dimmed.

CoinFeed reported on April 9th ​​that, according to Jinshi News, Nick Timiraos, often referred to as the "Federal Reserve mouthpiece," wrote that the ceasefire between the US and Iran provides an opportunity to mitigate the serious threat currently posed to the global economy. However, for the Federal Reserve, this may simply be a change of scenery: persistent energy price volatility is enough to keep inflation high, but not enough to severely damage demand, thus prolonging the period of unchanged interest rates. The Fed's March meeting minutes emphasized that the war was not the primary reason for the Fed's reluctance to cut rates, but rather it complicated the Fed's already cautious stance. Even before the conflict, the path to rate cuts had narrowed. The labor market had stabilized, easing concerns about a recession, while progress toward the Fed's 2% inflation target had stalled.