Studite Group Chief Economist Reto Cueni said in a report that markets may modestly increase expectations for a Federal Reserve rate hike at its September meeting. Even so, he said the prevailing market view still appears to be that the Fed will leave rates unchanged, and Studite Group itself does not currently expect a hike. Cueni said the firm is maintaining its view that the Federal Reserve will not deliver any additional rate increases in the second half of this year. According to LSEG data, money markets are pricing in a 65% probability that the Fed will keep rates unchanged at its September meeting. The comments point to a slight shift in market expectations, but not enough to overturn the baseline view of no move next month.
ChainCatcher reported that Studite Group Chief Economist Reto Cueni said in a report that markets may slightly raise expectations for a Federal Reserve rate hike at the September meeting.
Cueni added that the market still likely expects the Fed to leave rates unchanged, and Studite Group itself does not currently see a hike. 「At present, we continue to hold the view that the Federal Reserve will not raise rates further in the second half of this year.」
According to LSEG data, money markets are currently pricing in a 65% chance that the Fed will keep rates unchanged at its September meeting.
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