Analyst: The Federal Reserve meeting is unlikely to disrupt market expectations

ChainCatcher news, according to Jinshi reports, analysts at the Royal Bank of Canada Capital Markets stated that the Federal Reserve's meeting in January seems unlikely to change the market narrative.

The analysts mentioned in a report that the market has largely priced in the expectation of a pause in interest rate hikes during most of the inter-meeting period, and Federal Reserve spokespeople have not attempted to counter this.

However, they indicated that even if the Federal Reserve pauses rate cuts, it will almost certainly maintain a bias towards lowering rates. This is generally consistent with current market pricing, although the Royal Bank of Canada's forecast is that there will be no further rate cuts this year. They noted that without the latest forecasts, any potential market reaction may depend on Federal Reserve Chairman Powell's press conference.