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Lloyd's Bank: Minutes of Next Week's Meeting Expected to Uphold Market's Expectation of No Rate Cut by the Fed in July

2025.07.06 19:00:21

On July 6th, Lloyds Bank in the UK thinks that the minutes of the June Federal Reserve meeting which will be announced next Wednesday are not expected to change the market's anticipation of maintaining the interest rate unchanged at the July meeting. It is more likely that an interest rate adjustment will occur in September. The Fed's dot plot still anticipates two rate cuts this year, but there is a clear difference among policymakers, ranging from three rate cuts to keeping the policy unchanged. (Kinny)
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