Market analysis: The next possible window for the Federal Reserve (FED) to cut interest rates will be in September.

On June 19, analyst Matthias Scheiber said that the Federal Reserve has taken a widely expected “wait-and-see” approach to interest rates as uncertainty around tariffs persists and the U.S. labor market remains strong. From our perspective, the next window for the Fed to potentially cut rates will be September. We expect that if inflation continues to fall to its 2.0% target, the Fed could cut rates twice this year. “We expect equity market performance to continue to be volatile and continue to favor the lower-priced segment of U.S. equities, international equities and emerging market equities as valuations are better, more fiscal and monetary stimulus is likely to come, and higher valuations for some large U.S. stocks.” “We remain bullish on the outlook for high-quality bonds, given that overall yields remain attractive.”