The market expects that the Fed will suspend interest rate hikes at this meeting🤔
In terms of FOMC, the market has generally expected that this meeting will suspend interest rate hikes, but the key lies in the Fed's dot plot, especially the midpoint of the dot plot in 2024 and beyond; taking a step back, the market is currently optimistic about the Fed. are optimistic about the outlook because inflation appears to be slowing, which is part of a virtuous cycle of slowing demand → narrowing labor gap → slowing wage growth → falling core CPI. Although economic growth is slowing, it is not enough to trigger a recession. , and the buffer from consumer balance sheets is also enough to ease concerns about any major economic downturn.
