Standard Chartered: Market Expectations for the Federal Reserve Are Too Hawkish, Rates Expected to Remain Unchanged This Year

华尔街见闻2026/06/22 06:30

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The market's expectations of the Federal Reserve are too hawkish. We believe the Federal Reserve will keep interest rates unchanged for the remainder of this year and will enact a real rate cut in the second quarter of next year. According to the mid-year market outlook report released by Standard Chartered, the U.S. economy is performing better than expected; meanwhile, the interim agreement reached between the U.S. and Iran may lead to overall inflation peaking in the second quarter. The current situation is favorable for interest rates in emerging markets such as India. At present, we are more inclined to invest through equities, but I believe that for India, the future environment will improve and the situation will gradually stabilize. (Bloomberg)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

US Treasury yields have reached a peak of 5.31%, the highest since 2002, and European bond markets have fallen to multi-decade lows. Despite this global bond market turmoil, equities remain unfazed: the S&P 500 is approaching its historical high, with all of the “Magnificent Seven” tech stocks advancing, and the STOXX 600 index in Europe touched a new intraday record. Earnings growth, rather than valuation expansion, has become the core support for equities, while the ongoing wave of AI capital expenditure continues to attract funds. However, Ray Dalio has warned that the US debt cycle is nearing its limit, raising questions about how much further this divergence between stocks and bonds can continue.

华尔街见闻•2026/10/06 09:06