According to CoinMeta, David Kelly, the chief global strategist at JPMorgan Asset Management, stated that the Federal Reserve should maintain interest rates unchanged and expects inflation to gradually decline. He pointed out that three factors—decreasing tariff costs, falling oil prices, and wage growth lagging behind inflation—are contributing to a cooling of inflation, and that a wage-price spiral is not likely to form, thus there is no need for the Federal Reserve to raise interest rates.