The Federal Reserve is expected to keep interest rates unchanged this week, with attention on the impact of the Middle East conflict.
ChainCatcher news, according to Golden Ten Data, the market generally expects that Federal Reserve officials will keep interest rates unchanged at this week's meeting. Aditya Bhave, senior economist at Bank of America, said that officials may indicate they remain in a wait-and-see mode, closely monitoring the rapidly evolving situation in the Middle East. Bhave mentioned that the surge in oil prices could increase the risks for the Federal Reserve in implementing its policies. In addition, this week's meeting is also affected by political turmoil, as a federal judge ruled to revoke the subpoena against Powell, but prosecutors vowed to continue the investigation.
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