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charles schwab: The possibility of the Federal Reserve maintaining interest rates unchanged seems unlikely.
The Federal Reserve of the USA will announce interest rate results on Friday (8th) Hong Kong time. Lin Changjie, a financial consultant at Charles Schwab Hong Kong Limited, said that considering recent economic data showing a soft landing is still stable, it seems unlikely that the Fed will keep interest rates unchanged. He mentioned that it is still difficult to determine whether the trend of the US economic soft landing will continue in the coming months before the dust settles on the outcome of the US presidential election and its impact on inflation and the currency becomes clearer. After experiencing two weeks of market turmoil, the bank currently expects that the interest rate results to be announced will provide investors with a clearer market outlook in the short term. Charles Schwab.