Allianz Investment: The Federal Reserve is expected to keep interest rates unchanged this week, with more attention on Powell's remarks
ChainCatcher News, according to Golden Ten Data, Michael Krautzberger, Chief Investment Officer of Public Markets at Allianz Global Investors, stated that the Federal Reserve is expected to keep interest rates unchanged this week. Except for dovish governor Milan who may dissent, other voting members will support this decision. He pointed out that the market's focus will shift to Powell's response to challenges regarding the Federal Reserve's independence during the press conference. Krautzberger believes that this statement may have a greater impact on the market than the interest rate decision itself.
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