The current spike in inflation might stem partly from tariff impacts—a phenomenon that could prove short-lived. However, here's the real concern: what if these price pressures don't fade as expected? What if they stick around longer than everyone anticipates?

That's why a more cautious approach made more sense. Holding back and letting things stabilize wouldn't have created significant additional downside risk. In fact, patience would've been the smarter play. Sometimes doing less is actually doing more for the economy.