The latest interest rate decision is expected to maintain rates unchanged at 4.25%-4.50%. The market believes the possibility of a rate cut is very low, with an annual rate cut expectation of 72 basis points.
This meeting has no updates on economic forecasts, with the focus on the Federal Reserve's comments on the impact of tariffs and policy guidance. Influenced by strong employment data, Goldman Sachs and Barclays have pushed back their rate cut predictions to July, while Citigroup has extended it to June.