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Allianz Investment: The Federal Reserve is expected to keep interest rates unchanged this week, with Powell's remarks drawing more attention

GateNews
Source: ChainCatcher

ChainCatcher news, according to Jinshi, Allianz Global Investments Public Markets Chief Investment Officer Michael Krautzberg said that the Fed is expected to keep interest rates unchanged this week, and other voting members will support this decision, except for dovish governor Milan who may have objections. He noted that the market focus will shift to Powell’s response to the Fed’s challenge to independence at the press conference, a statement that Klautzberg believes could influence the market more than the interest rate decision itself.

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