Goldman Sachs: Most voting members of the Fed appear unlikely to push for a rate hike this week
The Federal Reserve will meet on Wednesday, with markets pricing in about a one-in-three chance of raising interest rates, although most analysts doubt Chairman Kevin Warsh will support such a hike. Analysts pointed out: "Investors believe that there is unusually large uncertainty about the outcome of the July meeting, which is likely due to the recent disagreements within the Fed, Warsh's own position is not clear, and the re-escalation of the situation with Iran occurred in part during the information blackout period." "There may be at least one member at the meeting who dissents in favor of raising interest rates, but after June inflation data softened, it seems unlikely that most voting members will push for a rate increase this week." Open a futures account on Sina's cooperative platform, safe, fast and guaranteed