Institutions' Outlook on the Fed Rate Decision: Expect Rates to Remain Unchanged

Odaily News The following are institutions' forecasts for the Federal Reserve's interest rate decision, all expecting the Fed to keep rates unchanged this time:

1. Macquarie: Expects rates to remain unchanged; the decline in the unemployment rate will guide the Fed to hold steady.

2. Goldman Sachs: Expects rates to remain unchanged; the Fed will only make minor adjustments to its monetary policy stance.

3. Nomura Securities: Expects rates to remain unchanged. Policy guidance will continue to indicate a higher threshold for future rate cuts.

4. Oxford Economics: Expects rates to remain unchanged. Economic growth is expected to improve this year, and the Fed will maintain its policy unchanged until June.

5. Citibank: Expects rates to remain unchanged. The truly important signal will come from Powell's tone, especially the extent to which he leaves the door open for future rate cuts.

6. Barclays: Expects rates to remain unchanged; the combination of employment and inflation data does not support an immediate continuation of rate cuts. The FOMC needs time to assess the impact of recent rate cuts.

7. Rabobank: Expects rates to remain unchanged. The majority of committee members believe that the three insurance rate cuts implemented at the end of last year are sufficient.

8. JPMorgan Chase: Expects rates to remain unchanged. The labor market is not deteriorating rapidly, and the recent stabilization in the unemployment rate should ultimately lead the FOMC to reach a consensus to hold steady.

9. Morgan Stanley: Expects rates to remain unchanged. It is expected that the statement will upgrade the economic growth outlook from "moderate" to "solid" and remove the wording regarding "increased downside risks to employment."

10. KBC: Expects rates to remain unchanged. The easing of downside risks in the labor market and the expected growth in real GDP together reduce the necessity of a rate cut at the January meeting.

It is reported that the Federal Reserve's FOMC will announce its interest rate decision at 3:00 AM on January 29. (Jin10)