Institution: The hawkish dot matrix of the Federal Reserve may surprise the market

Odaily Planet Daily News: John Velis, a macro strategist at Bank of New York Mellon in the Americas, said that it is expected that there will be no interest rate changes at the upcoming Federal Reserve meeting, but the new Economic Forecast Summary may affect the market. The dot plot will indicate that the rate cut in 2025 will be lower than previously expected. Given market expectations of nearly two interest rate cuts this year, a more hawkish dot matrix may disrupt the market. The Federal Reserve has become increasingly cautious about cutting interest rates in 2025 and has pointed out that for most members who have already shared their thoughts, inflation remains the top priority. Given the ongoing policy uncertainty, the Federal Reserve is unlikely to soften its interest rate stance. After June, there are only four Federal Reserve meetings left this year, and it seems increasingly unlikely that there will be time to adopt aggressive easing policies during the year. (Golden Ten)