Tariffs could derail progress on inflation

At the beginning of April, financial journalists nationwide watched consumer price movements closely. Fox Business reporter Nora Colomer stated: Despite concerns about the effects of President Trump's tariffs, the Fed continues to hold interest rates steady, and it's not expected to make any significant changes soon, including a potential rate cut. While tariffs could lead to higher inflation and slower economic growth, the Fed is waiting for more clarity on the full impact of these policies before deciding on any course of action. Move Concierge CEO Gabe Abshire remarked, "Considering the housing sector has lower exposure to the current global trade environment, it would be helpful for the Fed to lower rates and boost the Spring and Summer home buying market."

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