Allianz Investment: The Federal Reserve is expected to maintain interest rates this week, with more attention on Powell's statements

According to Jinshi News, Michael Krautzberg, Chief Investment Officer of Public Markets at Allianz Global Investors, stated that the Federal Reserve is expected to keep interest rates unchanged this week, with the exception of dovish member Milan possibly dissenting; other voting members will support this decision. He pointed out that the market focus will shift to Powell's response to challenges to the Fed's independence during the press conference, and Krautzberg believes that this statement may influence the market more than the interest rate decision itself.