Jin10 data June 17 - Credit Mutuel Asset Management strategist Francois Rimeu said in a report that the key issue for the Federal Reserve's meeting this week is the revision of economic forecasts and the dot plot. Adjustments related to the expectations of economic policy developments should reflect a slowdown in growth and inflation being more persistent than expected, despite some surprising circumstances in recent months, along with a weakening labor market. Against the backdrop of stagflation risks and high uncertainty, the Federal Reserve may reiterate its cautious stance. Therefore, as long as hard data does not clearly demonstrate that easing policies are warranted, the Federal Reserve will delay any new rate cut measures. In line with market consensus, the strategy expects the Federal Reserve to maintain the key interest rate unchanged this week.
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Strategist: The Federal Reserve's revisions to economic forecasts and the dot plot become crucial.
Jin10 data June 17 - Credit Mutuel Asset Management strategist Francois Rimeu said in a report that the key issue for the Federal Reserve's meeting this week is the revision of economic forecasts and the dot plot. Adjustments related to the expectations of economic policy developments should reflect a slowdown in growth and inflation being more persistent than expected, despite some surprising circumstances in recent months, along with a weakening labor market. Against the backdrop of stagflation risks and high uncertainty, the Federal Reserve may reiterate its cautious stance. Therefore, as long as hard data does not clearly demonstrate that easing policies are warranted, the Federal Reserve will delay any new rate cut measures. In line with market consensus, the strategy expects the Federal Reserve to maintain the key interest rate unchanged this week.