According to a report by Jinshi and cited by ChainCatcher, the Amundi Investment Institute has published a research note stating that the Federal Reserve is expected to hold interest rates steady for the next several meetings, maintaining a 'wait-and-see' stance. The institute believes that current U.S. monetary policy has largely returned to neutral, reducing the need for further adjustments in the near term.
However, Amundi also issued a risk warning: if energy costs continue to rise and spill over into broader prices, combined with accelerating economic growth, the risk of additional rate hikes could increase. Under this scenario, the trend of disinflation is not expected to resume until 2027. Only then would the Fed be able to begin a rate-cutting cycle, likely in 2026.
For the cryptocurrency market, Fed interest rate decisions directly influence liquidity conditions and risk appetite. A steady rate environment supports stable valuations for risk assets, but the lingering shadow of potential rate hikes may curb aggressive positioning. Investors should closely monitor energy prices and upcoming inflation data for clues on the Fed's next moves.