Lloyds Bank: Next weeks Fed meeting minutes may not change market expectations of no rate cut in July

Odaily News Lloyds Bank of the United Kingdom believes that the minutes of the Feds June meeting to be released next Wednesday are not expected to change the markets expectation that interest rates will remain unchanged at the July meeting, and interest rate adjustments are more likely to take place in September. The Feds dot plot is still expected to have two rate cuts this year, but there are clear differences among policymakers, ranging from three rate cuts to maintaining the same rate. (Zhitong Finance)