Analyst: Fed decision seen as "unsettling hold"

Odaily Planet Daily News Shangbo Investment Management Company's fixed income head Christian Hoffmann indicated that the Fed's decision to hold rates steady was "not a foregone conclusion," calling it an "unsettling hold." Despite some constructive inflation data emerging, oil prices have surged again amid rising geopolitical uncertainties. We are gradually coming to believe this is no longer a Fed that telegraphs its moves well in advance or one that frequently shares its thoughts on various occasions. (Jinshi)