Fed Chairman Powell and their colleagues may not hint at the next week's meeting that they have stopped raising interest rates.
Because inflation is still higher than 2%and has stable economic growth, Fed officials may maintain preferences for tightening policy at a meeting from September 19th to 20th, even if they decide not to raise interest rates.
"They will never signaled to raise interest rates," Said Bruce Kasman, chief economist at JP Morgan Chase.
In contrast to this, the European Central Bank conveyed vague information after raising interest rates on Thursday.Although the European Central Bank governor Ragard refused to disclose whether the interest rate had reached its peak, the investor interpreted the policy statement of the central bank as a decision maker in Europe.As a result, the euro has fallen, European debt rises, and traders have reduced the possibility of the European Central Bank's interest rate hike again.
In the comments that investors are concerned, the European Central Bank stated: "We believe that the key interest rate of the European Central Bank has reached a certain level. If it can last long enough, it will make a significant contribution to the return of inflation in a timely manner."
According to traders, the Fed's information next week is more likely to be "Hawkish Hold" instead of the "Dovish Hike" of the European Central Bank.
In an interview with reporters after the meeting, Lagarde said that the euro area is experiencing a "very, very slow growth period".Powell said at the Annual Meeting of the Jackson Hall central bank on August 25 that US policy makers "pay close attention to the signs of the economy may not cool down as expected" and seek better adjustment of demand and supply to further reduce inflation.
According to the Federal Reserve's forecast in June, officials are expected to grow by 1%this year.However, in the update prediction released after the meeting next week, it is expected that they will greatly increase this year's economic growth expectations.Lh Meyer/Monetary Policy Analytics Economist Derek Tang said: "I don't think Powell announced that there will be too many benefits for stopping interest rate hikes. For Powell, a better approach is to emphasize the hike option because they will not be in 9Raise interest rates in the month.
Morgan Chase's Casman said that the so -called "dot -matrix chart" announced by the Fed after the meeting is likely to show that the expected median of the decision makers will also raise interest rates again this year.The possibility of raising interest rates.Kasman added that Powell's speech at the press conference may be more subtle, and he may emphasize the progress of the Fed in reducing inflation.
