Strategist: The Fed's revisions to economic forecasts and the dot plot become crucial

ChainCatcher news, according to Jinshi Data, Credit Mutuel Asset Management strategist Francois Rimeu stated in a report that the key issue for the Federal Reserve's meeting this week is the revision of economic forecasts and the dot plot. The expected adjustments related to economic policy developments should reflect a slowdown in growth, inflation being more persistent than expected, despite some surprising developments in recent months, and a weakening labor market. Against the backdrop of stagflation risks and high uncertainty, the Federal Reserve may reiterate its cautious stance. Therefore, as long as hard data does not clearly demonstrate that easing policies are warranted, the Federal Reserve will delay any new rate cut measures. In line with market expectations, the strategy anticipates that the Federal Reserve will maintain the key interest rate this week.