Analysts: Even if the Fed pauses rate cuts, it will almost certainly maintain its rate cut bias

Odaily Planet Daily News - Analysts at Royal Bank of Canada Capital Markets said the Federal Reserve's January meeting seems unlikely to change the market narrative. Analysts said in a report that the market had fully digested the expectation of a pause in 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 its rate cuts, it will almost certainly maintain its tendency to cut rates. This is roughly consistent with current market prices, but Royal Bank of Canada predicts that there will be no more price cuts this year. In the absence of an updated forecast, any potential market reaction may depend on the press conference of Federal Reserve Chairman Powell, they said. (Jinshi)