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Lloyds Bank: FOMC Meeting Minutes Next Week Unlikely to Change Market Expectations of No Rate Cut in July

Summary: According to reports, Lloyds Bank from the UK believes that the Federal Reserve's meeting minutes from June, set to be released next Wednesday, are unlikely to alter market expectations of the Fed maintaining interest rates in July, with a rate adjustment more likely in September. The Fed's dot plot still predicts two rate cuts this ...

According to reports, Lloyds Bank from the UK believes that the Federal Reserve's meeting minutes from June, set to be released next Wednesday, are unlikely to alter market expectations of the Fed maintaining interest rates in July, with a rate adjustment more likely in September. The Fed's dot plot still predicts two rate cuts this year, but there is significant disagreement among policymakers, ranging from three rate cuts to no change. (Sina Finance)

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