Odaily Planet Daily reported that a UBS report indicates that in terms of inflation, it is expected that by the end of this year, the tariffs announced by the new government so far may cause U.S. consumer prices to rise by about 2 percentage points, provided that only part of this is passed on to end consumers. "Although higher inflation will pose challenges for the Federal Reserve, we believe that a significant slowdown in economic growth and potential weakness in the labor market will mean that the Federal Reserve will cut interest rates by 75-100 basis points for the remainder of 2025." (Jin Ten)