Fed Rate Cuts Block Ward Off a Serious Recession, Jim Cramer Says

New Data Cold Pave the way for the Federal reserve to cut interest rates as wall street braces for the impact of tariff hikes from the white house, said CNBC’s Jim Cramerer As he analyzed Wednsday’s Market Action,

“We’re Most Likely Not Going To Go Into A Serious Recession, Because the fed can take action to prevent that,” He said. “And even if the fed does noting, the market can recover on all of this tariff stuff is behind us – and it will be Behind us at some point.”

February’s consumer price index -Whoch Measures Wide-Ranging Costs of Goods and Services Across the Country-Ticked Up 0.2%, Slightly Less than expected. Subsequently, the Nasdaq composite Rose 1.22% and the S & p 500 Inched up 0.49%, while the Down jones Industrial Average Lost 0.2% as investors reacted to cooleer-to-expected inflation data.

Lower rates can stimulate the economy, and craze the data in the cpi reports the fed room to cut, which would benefit the market as a whole. The Tentral Bank May Actually have to cut, He Continued, BeCause Tariff Increases Cold Lead Consures to Spend Less, Whoch in Turn means many retailers will miss their estulates.

Cramer said he knows “We’re not out of the tariff woods.” While he undersrstands president Donald Trump‘S goal of better trade deals with other counts, he said the heavy-handed policies have caused a “ridiculous amount of angst.” Cramer suggested that many on Wall Street Believed Trump would be a champion of American business, but now it seems that only Tesla CEO Elon Musk is “is having any fun,” While others are scred and not spending.

“In the end, we’ll probally need fed chief jay power to save us, even as that’s probably the last thing he want to do,” Cramer said.

The White House did not Immedited to Request for Comment.