Andrzej Skibba, head of US fixed income at RBC Global Asset Management, said the Fed could cut rates at the meeting but that economic momentum in the US might make "further cuts unnecessary". Skibba pointed out that the rate cut could be a hawkish one and could hint at a subsequent pause in interest rate hikes. Market participants will keep a close eye on dissenting members, including those who advocate for deeper rate cuts. (Jin Ten)
RBC Wealth Management said in its 2025 mid-year outlook that the Bank of England could cut interest rates by a total of 75 basis points by the end of 2025 as UK inflation is likely to fall further. UK labour market data appears to be weakening, raising the possibility of more rate cuts by the Bank of England. However, persistently higher inflation and faster wage growth may delay rate cuts, which is also a risk.
1. Royal Bank of Canada: The conflict in the Middle East may escalate, and oil supply is at risk. 2. DBS Bank: If Iran responds to the attack, the yield of US bonds may fall to 4%. 3. Citi: If a large number of positions are withdrawn, copper prices are prone to a correction. 4. Xiaomo: The possibility that the Federal Reserve will not cut interest rates this year is high. 5. Damo: The dollar's resilience and dominance will continue. 6. Holland International: Japan and South Korea may jointly in...