Gate News reports that on March 18, Mediolanum International Funds Management’s Fixed Income Head, Daniel Raufni, stated that the market had already anticipated the Federal Reserve would keep interest rates unchanged at this week’s meeting before the Gulf situation worsened, and this has now become a certainty. Recent economic data shows that inflation continues to slow and the labor market is deteriorating. The institution originally expected a dovish stance with no change this time, but the situation has changed. The institution expects the Fed to convey a cautious and watchful attitude, with the policy statement likely to mention war risks and include dual-sided language regarding future interest rate paths, emphasizing both upside inflation risks and downside labor market risks.
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