Lloyds Bank expects the Federal Reserve to keep interest rates unchanged in July and possibly start cutting rates in September

ChainCatcher news, according to Jinshi Data, Lloyds Bank of the UK believes that the Federal Reserve's June meeting minutes, to be released next Wednesday, are not expected to change the market's expectation of keeping interest rates unchanged at the July meeting, with rate adjustments more likely to occur in September.

The Fed's dot plot still anticipates two rate cuts this year, but there are significant differences among policymakers, ranging from three rate cuts to keeping rates unchanged.