Lloyds Bank: Next Week's Fed Minutes Unlikely to Change Market Expectations of No Rate Cut in July

Odaily Planet Daily News: Lloyds Bank in the UK believes that the minutes of the US Federal Reserve's June meeting, to be released next Wednesday, are not expected to change the market's expectation that rates will remain unchanged at the July meeting, with any rate adjustment more likely to occur in September. The Fed's dot plot is still expected to indicate two rate cuts this year, but there are clear divisions among policymakers, ranging from three cuts to no change at all. (Zhitong Finance)