Allianz: Delays the Federal Reserve's interest rate cut expectations from October to December

ChainCatcher news, according to Jinshi reports, Allianz Research analysts expect that the Federal Reserve may remain on hold until December before cutting interest rates, keeping the policy rate in the range of 4.25% - 4.50%. The institution has pushed back its expectations for a Fed rate cut from October to December. The reason for this adjustment is that they now believe U.S. inflation will peak in early Q4, rather than in Q3.

Analysts indicate that the Federal Reserve is unlikely to ease monetary policy during the inflation peak. Allianz Research's expectations also imply that the interest rate will remain unchanged at next week's FOMC meeting, which aligns with the pricing in the money market.