Institution: The latest Federal Reserve statement and dot matrix highlight the volatility of data and the uncertainty faced when restarting the interest rate cut cycle

BlockBeats News: On March 20th, Ryan Weldon, portfolio manager at IFM Investments, stated that the Federal Reserve's statement and updated dot matrix highlighted the volatility of data and the uncertainty the Fed faces when restarting its interest rate cut cycle. Weldon said, "Although the job market has stabilized and inflation seems to be slowly approaching its target, the Federal Reserve will need several months of sustained data to convince them to lower policy rates again." He also stated that the Fed needs to strike a balance between significantly lowered economic growth expectations and higher inflation expectations for 2025. (Golden Ten)