PANews reported on January 29 that the forward-looking views of the Federal Reserve's interest rate decision-making bodies are summarized as follows, and "staying put" is almost a foregone conclusion:
1. Standard Chartered Bank: It is expected to remain on hold this month and adopt a wait-and-see attitude on the issue of interest rate cuts. It is suspected that Powell will not want the FOMC to take a further hawkish stance at this stage.
2. Sweden's Nordic Bank: It is expected to maintain interest rates unchanged and wait for more data and information about President Trump's policies. It is expected to cut interest rates twice in May and September in 2025.
3. PIMCO: The Federal Reserve may keep interest rates unchanged "for the foreseeable future" and may even raise borrowing costs as officials wait for clarity on Trump's policies.
4. Goldman Sachs Group: It is expected that this meeting will not provide much new information and is unlikely to provide forward-looking guidance for policy actions in March. This year, the interest rate will be cut by 25BP in June and September respectively.
5. Bank of America: It is expected to keep interest rates unchanged, economic data will stabilize, or the expectations for the job market may be raised. Powell may retain maximum flexibility for the policy decision in March.
6. ING: Monetary policy is not expected to change. The rapid rise in Treasury yields has significantly pushed up borrowing costs for consumers and businesses. It is predicted that the Federal Reserve will cut interest rates three times in 2025.
7. Rabobank: Interest rates are expected to remain unchanged, and Powell is expected to be cautious about further rate cuts, while avoiding questions about the impact of Trump's policies on the Fed's interest rate path.
8. JPMorgan Chase: It is expected to keep interest rates unchanged and will not rule out the possibility of taking action at the March meeting. It will focus on whether and how the Federal Reserve will incorporate Trump's policies into its policy deliberations.
9. Fanon Credit: Expected to keep interest rates unchanged, unlikely to have hawkish surprises, need to pay attention to the Fed's signals on how it views Trump's policy mix and its impact on inflation and economic growth.
10. Ernst & Young: Data shows that the economy is robust and inflation is more stubborn than expected. It is expected that the interest rate cut will be suspended this week, and as many options as possible will be retained to further adjust the federal funds rate this year. (Jinshi Data APP)