Stifel: The Federal Reserve dot plot may indicate that monetary policy will remain unchanged until the end of the year

Glonghui, June 17｜Stifel stated that the latest Federal Reserve dot plot indicates that most officials, due to concerns about inflation, expect monetary policy to remain on hold for the rest of this year. The market widely anticipates that the Federal Open Market Committee will keep the benchmark lending rate unchanged at 3.50% to 3.75% on Wednesday, marking the fourth consecutive pause. Stifel Chief Economist Lindsey Piegza pointed out that the committee is expected to remove the easing bias from its statement, instead suggesting that the odds of the next move being either a rate cut or a rate hike are roughly equal.