Wolfe Research: The Federal Reserve Unlikely to Raise Rates This Summer

According to a report by Jinse Finance on March 24, Wolfe Research analyst Stephanie Roth stated that despite market speculation, the Federal Reserve is unlikely to raise interest rates this summer. Roth wrote in a report to clients that although the U.S. economy is expected to remain robust this year, the risk to interest rates has increasingly tilted downward following recent repricing. Inflation remains above the 2% target, with significant upside risks to overall inflation and moderate upside risks to core inflation. Seasonal dynamics and the ongoing impact of artificial intelligence will make the labor market appear sufficiently weak, prompting the Federal Reserve to adopt a wait-and-see approach. (Dongxin News Agency)