Institutions forecast the Federal Reserve's interest rate decision: 'Remain on hold' is a certainty, uncertainty about rate cuts in June reemerges

BlockBeats news, on May 7, the Federal Reserve will announce its interest rate decision at 2 AM Beijing time tomorrow. Several financial institutions forecast that the Federal Reserve's interest rate decision shows:

1. Goldman Sachs: The Federal Reserve is expected to remain on hold, as the underlying data has not shown a severe economic slowdown. The Federal Reserve is unlikely to loosen policy solely based on 'soft data' and is expected to cut rates again in July, previously predicted for June.

2. JPMorgan: The Federal Reserve is expected to remain on hold, and the threshold for a rate cut in June has become higher. In a highly uncertain period, the dual mandate faces dual risks. The Federal Reserve Committee is likely to prefer to remain patient until the outlook becomes clearer.

3. Fitch: The Federal Reserve is expected to remain on hold, as the April non-farm payroll report demonstrates economic resilience rather than recession. The Federal Reserve will wait for a real weakening in the labor market. (Golden Ten)