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Analyst: Fed Decision Seen as an "Unsettling Pause"

2026-07-30 06:01

Odaily reported that Christian Hoffmann, head of fixed income at Thornburg Investment Management, stated that the Fed's decision to hold interest rates steady was "not a foregone conclusion," calling it an "unsettling pause." Despite some constructive inflation data, oil prices have surged again amid rising geopolitical uncertainty. We are gradually coming to believe that this is no longer a Fed that telegraphs its every move well in advance, nor one that frequently shares its thoughts on various occasions. (Jin Shi)