[The Federal Reserve's Mouthpiece: If Not for the Risks of Tariffs on Prices, the Federal Reserve Would Be Ready to Cut Rates This Week] June 17 news, "The Federal Reserve's Mouthpiece" Nick Timiraos: There are ample reasons to believe that, if not for the risks posed by tariffs on prices, the Federal Reserve would have been prepared to cut rates this week, as inflation has recently improved. I believe that the past five years have changed people's views on Inflation and the possible scenarios that may occur.