Many institutions look ahead to the Fed's interest rate decision, and "no action" is almost certain

According to the news from Mars Finance, several financial institutions have expressed their views on the upcoming FOMC meeting of the Federal Reserve: Standard Chartered Bank: Expects no change in interest rates this month, adopting a wait-and-see attitude on the issue of rate cuts, and doubts that Powell would want the FOMC to take a more hawkish stance at this stage. Nordea Bank: Expects to maintain interest rates unchanged and wait for more data and information on President Trump's policies, forecasting two rate cuts in May and September 2025. PIMCO: The Federal Reserve may "maintain interest rates unchanged in the foreseeable future," and may even raise borrowing costs, as officials are waiting for clarity on Trump's policies. Goldman Sachs Group: Expects this meeting will not provide much new information and is unlikely to provide forward guidance for the policy action in March, forecasting 25BP rate cuts in June and September this year. Bank of America: Expects to maintain interest rates unchanged, as economic data tends to be stable, and may revise up its expectations for the job market. Powell may want to retain maximum flexibility for the policy decision in March. ING: Expects no change in monetary policy. The rapid rise in government bond yields has significantly increased the borrowing costs for consumers and businesses, and predicts the Federal Reserve will cut rates three times in 2025. Rabobank: Expects to maintain interest rates unchanged, and expects Powell to be cautious about further rate cuts, while avoiding questions about the impact of Trump's policies on the Federal Reserve's interest rate path. JPMorgan Chase: Expects to maintain interest rates unchanged, but does not rule out the possibility of taking action at the March meeting, focusing on whether and how the Federal Reserve will incorporate Trump's policies into its policy review. Natixis: Expects to keep rates unchanged, and an unexpected hawkish move is unlikely. Attention should be paid to how the Federal Reserve views the combination of Trump's policies and their impact on inflation and economic growth. Ernst & Young: Economic data shows the economy is robust, and inflation is more stubborn than expected. Expects to pause rate cuts this week, in order to retain more options for further adjustments to the federal funds rate this year.