Asks if market volatility at 10am was priced in.
Katie Greifeld
Sinead Colton
Decision long anticipated. Equity market positive as uncertainty removed; bond market sells off slightly on possibility of less tariff revenue.
Asks about inflation concerns from tariffs.
Romaine Bostick
Sinead Colton
Tariffs are one-time impact. Not additional inflation concern if they remain at constant level.
Asks what to look for in upcoming retail earnings regarding consumer impact.
Katie Greifeld
Sinead Colton
Looking at consumer bifurcation - top 10% driving spending vs lower income economizing. Rate of change in spending patterns matters.