Original article by Cecile Lefort
The Australian Financial Review – Page: 29 : 14-May-25

IFM Investors’ chief economist Alex Joiner has described the 90-day tariff pause agreed to by the US and China as a "small step forward". However, he cautions that the significant tariffs that remain in place during the temporary truce in the trade war will still be a major challenge for US households, businesses and the broader economy. Meanwhile, financial markets expect the US Federal Reserve to reduce official interest rates by 25 basis points in September; the Reserve Bank of Australia is in turn tipped to cut the cash rate three times before the end of 2025, by 85 basis points in total.

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