PANews reported on January 29 that according to Jinshi, analysts at Royal Bank of Canada Capital Markets said that the Fed's January meeting seems unlikely to change the market narrative. Analysts said in a report that the market has fully digested the expectation of suspending interest rate hikes for most of the time between interest rate meetings, and the Fed spokesperson did not try to fight back. However, they said that even if the Fed pauses to cut interest rates, it will almost certainly maintain its tendency to cut interest rates. This is basically consistent with current market prices, but Royal Bank of Canada predicts that there will be no more price cuts this year. They said that in the absence of an updated forecast, any potential market reaction may depend on the press conference of Federal Reserve Chairman Powell.