Multiple institutions anticipate the Federal Reserve's interest rate decision, with "holding steady" becoming almost a certainty
ChainCatcher news, organized by Jinshi, several financial institutions have expressed their views on the upcoming Federal Reserve FOMC meeting:Standard Chartered Bank: It is expected to remain on hold this month, taking a wait-and-see approach on interest rate cuts, doubting that Powell would want the FOMC to take a more hawkish stance at this stage.Nordea Bank: It is expected to keep interest rates unchanged and wait for more data and information regarding President Trump's policies, with two rate cuts anticipated in May and September 2025.PIMCO: The Federal Reserve may "keep rates unchanged for the foreseeable future," and may even raise borrowing costs, as officials are waiting for clarity on Trump's policies.Goldman Sachs: This meeting is not expected to provide much new information and is unlikely to offer forward guidance for policy action in March, with rate cuts of 25 basis points anticipated in June and September this year.Bank of America: It is expected to keep rates unchanged, as economic data stabilizes, and may raise expectations for the labor market. Powell may retain maximum flexibility for the March policy decision.ING: It is expected that there will be no change in monetary policy. The rapid rise in government bond yields has significantly increased borrowing costs for consumers and businesses, predicting three rate cuts by the Federal Reserve in 2025.Rabobank: It is expected to keep rates unchanged, anticipating that Powell will take a cautious stance on further rate cuts while avoiding questions about the impact of Trump's policies on the Fed's rate path.JPMorgan Chase: It is expected to keep rates unchanged, without ruling out the possibility of action at the March meeting, focusing on whether and how the Fed will incorporate Trump's policies into its policy deliberations.Farm Credit: It is expected to maintain rates unchanged, with little likelihood of a hawkish surprise, and attention should be paid to how the Fed views the combination of Trump's policies and their impact on inflation and economic growth.EY: Data shows a robust economy, with inflation proving more stubborn than expected. It is expected to pause rate cuts this week to retain more options for further adjustments to the federal funds rate this year.