#FOMCMeeting Great anticipation ahead of the Federal Reserve meeting this Wednesday, May 7. The market assumes that there will be no changes in the intervention rate and that, therefore, the range will remain stable at 4.25%-4.5%.

In summary, the DWS expert expects the Fed to remain on the sidelines, at least until a slowdown in economic activity and the consequent weakening of the labor market allow for disinflationary expectations. "This could be the case by the end of the year, so we continue to expect the Fed to cut rates up to three times in the next twelve months," he concludes.