On June 17, Credit Mutuel Asset Management strategist Francois Rimeu stated in a report that the key issue at the Federal Reserve's meeting this week is the revision of economic forecasts and the dot plot. Adjustments related to economic policy developments should reflect a slowdown in growth and inflation being more persistent than expected, despite some surprising situations in recent months, and a weakening labor market. Against the backdrop of stagflation risks and high uncertainty, the Federal Reserve may reaffirm its cautious stance. Therefore, as long as hard data does not clearly demonstrate that easing policies are justified, the Federal Reserve will delay any new rate cut measures. In line with market consensus, the strategy expects the Federal Reserve to keep the key interest rate unchanged this week.
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SitAndWatchTheClouds
· 14h ago
Do you think that the better the data, the more we should cut interest rates? Or that the worse the data, the more we should cut interest rates?
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OnchainDetective
· 15h ago
The macroeconomic data is a bit unusual. I'm keeping an eye on this wave.
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AirdropHuntress
· 15h ago
It was said early that it's still early for a rate cut; the data is not in place.
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SleepyArbCat
· 15h ago
At work, I'm slacking off watching the K-line zZZ... Another interest rate cut is coming.
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CryptoPunster
· 15h ago
Hello, how many new highs have risen today and all are lost.
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BrokenDAO
· 15h ago
Policy inertia under stagflation chaos... it's a trap but it's real.
Analysts: The Federal Reserve's cautious stance may delay interest rate cuts, will keep rates unchanged this week.
On June 17, Credit Mutuel Asset Management strategist Francois Rimeu stated in a report that the key issue at the Federal Reserve's meeting this week is the revision of economic forecasts and the dot plot. Adjustments related to economic policy developments should reflect a slowdown in growth and inflation being more persistent than expected, despite some surprising situations in recent months, and a weakening labor market. Against the backdrop of stagflation risks and high uncertainty, the Federal Reserve may reaffirm its cautious stance. Therefore, as long as hard data does not clearly demonstrate that easing policies are justified, the Federal Reserve will delay any new rate cut measures. In line with market consensus, the strategy expects the Federal Reserve to keep the key interest rate unchanged this week.