Svmuu News: Daniel Lavigne, Head of Fixed Income at Mediolanum International Fund Management, stated that even before the situation in the Gulf deteriorated, the market had already anticipated that the Federal Reserve would keep interest rates unchanged at this week’s meeting, and that outcome is now a foregone conclusion.Recent economic data pointing to continued inflationary moderation and a weakening labor market had led the firm to anticipate that this pause would be interpreted as dovish. However, that is no longer the case. The Federal Reserve is expected to convey a wait-and-see stance.The policy statement will likely mention the risks posed by the war and incorporate two-way language in its description of the future interest rate path, highlighting both upside risks to inflation and downside risks to the labor market. (Jin Shi)