Analyst: Predicts the Federal Reserve will stand pat, reinforcing data-dependent policy

Jinse Finance reports that Paul Sanjeri, an analyst at Generali Investments, said that despite the great uncertainty in the outlook for the U.S. economy, the Federal Reserve will still maintain interest rates unchanged this week. This senior economist stated: "The extreme uncertainty caused by the first actions of the new U.S. government poses downside risks to employment and upside risks to inflation." He said that the U.S. economy still shows healthy domestic demand and sustained inflation, which should strengthen the Fed's data-driven approach. "We believe this will allow the Fed to continue pausing rate cuts at its upcoming Wednesday meeting, meaning there will be two rate cuts this year."