Institutions' Outlook on the Fed's Interest Rate Decision: Expected to Keep Rates Unchanged

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

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

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

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

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

5. Citibank: Expects to keep rates 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 to keep rates 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 to keep rates 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 to keep rates 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 to keep rates unchanged. It is expected that the statement will upgrade the economic growth forecast from "moderate" to "solid" and remove the wording about "increased downside risks to employment."

10. KBC: Expects to keep rates 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 will announce its interest rate decision at 3:00 AM on January 29th. (Jin10)