A Bank of America survey shows that most investors expect the Federal Reserve to keep interest rates unchanged

According to Jinshi reports, the global fund manager survey by Bank of America in June shows that about 55% of investors expect the Federal Reserve to maintain interest rates on hold on Wednesday, adopting a "tightening stance of inaction," while the new Federal Reserve Chair Waller hinted at keeping rates higher for a longer period. Another 33% of investors expect a "looser stance of inaction," meaning Waller is open to further rate cuts.