Institutional Outlook for the Fed's Interest Rate Decision: Rates Expected to Remain Unchanged

The following are institutional predictions for the Federal Reserve's interest rate decision, all of which believe the Fed will maintain the current rate: 1. Macquarie: Expects the Fed to keep rates unchanged; declining unemployment will guide the Fed to remain on hold. 2. Goldman Sachs: Expects the Fed to keep rates unchanged; the Fed will only make minor adjustments to its monetary policy stance. 3. Nomura: Expects the Fed to keep rates unchanged. Policy guidance will continue to indicate a higher threshold for future rate cuts. 4. Oxford Economics: Expects the Fed to keep rates unchanged. Economic growth will improve this year, and the Fed will maintain its current policy until June. 5. Citigroup: Expects the Fed to keep rates unchanged. The truly important signal will come from Powell's tone, especially the extent to which he opens the door to future rate cuts. 6. Barclays: Expects the Fed to keep rates unchanged; the combination of employment and inflation data does not support immediate further rate cuts, and the FOMC needs time to assess the impact of recent rate cuts. 7. Rabobank: Expects the Fed to keep rates unchanged. A majority of committee members believe that the three insurance rate cuts implemented at the end of last year were sufficient. 8. JPMorgan Chase: Expects the Fed to keep rates unchanged. The labor market has not deteriorated rapidly, and the recent stabilization of the unemployment rate should eventually lead the FOMC to reach a consensus to hold rates steady. 9. Morgan Stanley: Expects rates to remain unchanged. The statement is expected to revise its economic growth forecast from "moderate" to "solid" and remove the wording regarding "increased downside risks to employment." 10. KBC: Expects rates to remain unchanged. The downside risks to the labor market have eased, and real GDP growth is expected; these two factors together reduce the need for a rate cut at the January meeting. The Federal Reserve is scheduled to announce its interest rate decision at 3:00 AM on January 29th. (Jinshi)