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Analysts: Fed's correction of economic expectations will not have a significant impact on financial markets
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5 hours ago 2,844
According to Gold Finance, senior investment analyst Josh Jamner, investment firm Clearbridge senior investment analyst, believes that the Fed's economic expectations suggest that policymakers now expect economic conditions to be less favorable this year, the economy will slow down moderately, and inflation and unemployment will rise. These changes are consistent with expectations from banks and macroeconomic research institutions circulating on Wall Street in recent weeks, so in our opinion, these changes will not have a significant impact on financial markets. Ultimately, the Fed's policy will give way to the fiscal side, and pricing in the federal funds futures market suggests that the next rate cut will not happen until July, and this dynamic is unlikely to change in the near term.
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