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TechFlow, July 6 - According to Jinshi News, Lloyds Bank believes the Federal Reserve's June meeting minutes, due next Wednesday, are unlikely to alter market expectations for a hold at the July meeting, with rate adjustments more likely in September. The Fed's dot plot is still expected to signal two rate cuts this year, although policymakers show clear divergence, ranging from three cuts to no cuts at all.
According to Jinshi News, UK's Lloyds Banking Group believes the Fed's June meeting minutes to be released next Wednesday are unlikely to alter market expectations for a hold at the July meeting, with rate adjustments more likely in September. The dot plot is expected to still signal two rate cuts this year, but there remains a clear divergence among policymakers, ranging from three cuts to keeping rates unchanged.
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