#TrumpBTCTreasury ANZ Bank has indicated in a report to clients that the Federal Reserve is expected to keep the federal funds rate unchanged during this week's meeting. Although the latest macroeconomic data shows a cooling in the labor market, the market remains relatively resilient. The bank suggests that stability in employment allows the Federal Reserve to focus on upcoming inflation reports amid rising rates and inflation uncertainty. ANZ Bank expects Federal Reserve Chairman Jerome Powell to continue emphasizing patience, noting that monetary policy is well-positioned to respond appropriately to developments.