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Analyst: Fed Decision Viewed as an "Uneasy Pause"

2026-07-30 06:01

Odaily News According to Christian Hoffmann, Head of Fixed Income at Thornburg Investment Management, the Federal Reserve's decision to hold interest rates steady was "not a foregone conclusion," and he described it as an "uneasy pause." Despite some constructive inflation data emerging recently, oil prices have surged again amid increasing geopolitical uncertainty. We are gradually coming to believe that this is no longer a Fed that telegraphs its moves long in advance, nor one that frequently shares its thoughts on various occasions. (Jin Shi)