TechFlow news, according to Jinshi News, analysts from RBC Capital Markets said the Federal Reserve's January meeting is unlikely to change the market narrative.
In a report, the analysts said that during the inter-meeting period, markets have largely priced in expectations for a pause in rate hikes, and Fed officials have made no attempt to push back against this view.
However, they noted that even if the Fed pauses rate cuts, it will almost certainly maintain its dovish bias. This aligns broadly with current market pricing, although RBC predicts no further rate cuts this year.
They added that without new projections, any potential market reaction may hinge on Chair Powell’s press conference.
Add to Favorites
Share to Social Media
